2 weeks Ago By Defense World Staff
Charles Schwab Investment Management Inc. raised its holdings in shares of Kforce Inc. (NASDAQ:KFRC – Free Report) by 5.
5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 758,963 shares of the business services provider’s stock after purchasing an additional 39,800 shares during the period. Charles Schwab Investment Management Inc.
owned about 3.98% of Kforce worth $43,033,000 as of its most recent SEC filing. Other institutional investors have also recently added to or reduced their stakes in the company.
Harbor Capital Advisors Inc. boosted its holdings in shares of Kforce by 10.6% during the fourth quarter.
Harbor Capital Advisors Inc. now owns 9,307 shares of the business services provider’s stock valued at $528,000 after acquiring an additional 889 shares during the period. Barclays PLC boosted its holdings in shares of Kforce by 171.
9% during the third quarter. Barclays PLC now owns 42,166 shares of the business services provider’s stock valued at $2,591,000 after acquiring an additional 26,657 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Kforce by 4.
0% during the third quarter. Geode Capital Management LLC now owns 480,479 shares of the business services provider’s stock valued at $29,530,000 after acquiring an additional 18,386 shares during the period. Stifel Financial Corp boosted its holdings in shares of Kforce by 3.
0% during the third quarter. Stifel Financial Corp now owns 73,224 shares of the business services provider’s stock valued at $4,500,000 after acquiring an additional 2,159 shares during the period. Finally, Intech Investment Management LLC acquired a new position in shares of Kforce during the third quarter valued at $302,000.
Institutional investors own 92.77% of the company’s stock. Kforce Stock PerformanceKFRC stock opened at $50.
79 on Friday. The company has a market capitalization of $970.55 million, a P/E ratio of 18.
95 and a beta of 0.83. The company has a 50-day simple moving average of $52.
79 and a 200 day simple moving average of $57.16. Kforce Inc.
has a fifty-two week low of $48.03 and a fifty-two week high of $72.19.
The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.
16. Kforce Increases DividendThe business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a $0.
39 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.
56 annualized dividend and a yield of 3.07%. This is an increase from Kforce’s previous quarterly dividend of $0.
38. Kforce’s dividend payout ratio is presently 58.21%.
Wall Street Analyst Weigh InSeparately, StockNews.com raised shares of Kforce from a “hold” rating to a “buy” rating in a report on Saturday, November 30th.View Our Latest Stock Report on KforceKforce Company Profile (Free Report)Kforce Inc provides professional staffing services and solutions in the United States.
It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.Recommended StoriesFive stocks we like better than KforceHow to Use the MarketBeat Stock Screener Rubrik Stock’s V-Bottom Reversal Signals a Major Rally AheadWhat is a Bond Market Holiday? How to Invest and TradeHow Super Micro Computer Stock Is Defying the Market Sell-OffHow to Know if a Stock Pays Dividends and When They Are Paid OutAppLovin vs.
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