December 1, 2016 - By Winifred Garcia · 0 Comments
KBR Inc (NYSE:KBR) institutional sentiment decreased to 1.32 in 2016 Q2. Its down -0.10, from 1.42 in 2016Q1. The ratio is negative, as 128 institutional investors opened new and increased positions, while 90 sold and decreased equity positions in KBR Inc. The institutional investors in our partner’s database now possess: 136.05 million shares, up from 129.78 million shares in 2016Q1. Also, the number of institutional investors holding KBR Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 31 Reduced: 59 Increased: 100 New Position: 28.
KBR, Inc. is an engineering, procurement, construction and services company. The company has a market cap of $2.32 billion. The Firm supports global hydrocarbons and international Government services market sectors. It has a 35.2 P/E ratio. It operates through three business divisions: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS).
The stock increased 1.40% or $0.23 during the last trading session, hitting $16.71. KBR, Inc. (NYSE:KBR) has risen 10.88% since April 28, 2016 and is uptrending. It has outperformed by 4.96% the S&P500.
Analysts await KBR, Inc. (NYSE:KBR) to report earnings on February, 24. They expect $0.17 earnings per share, down 52.78% or $0.19 from last year’s $0.36 per share. KBR’s profit will be $23.60M for 24.57 P/E if the $0.17 EPS becomes a reality. After $0.30 actual earnings per share reported by KBR, Inc. for the previous quarter, Wall Street now forecasts -43.33% negative EPS growth.
According to Zacks Investment Research, “KBR, Inc. is a leading global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. The company is a leader in many of the growing end-markets it serves, particularly gas monetization, having designed and constructed, alone or with joint venture partners, more than half of the world’s operating liquefied natural gas (LNG) production capacity. KBR offers a wide range of services through its Upstream, Downstream, Technology, Services, Government and Infrastructure, and Ventures business segments.”
Huber Capital Management Llc holds 5.68% of its portfolio in KBR, Inc. for 10.43 million shares. Corbyn Investment Management Inc Md owns 377,681 shares or 1.63% of their US portfolio. Moreover, Key Group Holdings (Cayman) Ltd. has 1.58% invested in the company for 1.37 million shares. The New York-based Visium Asset Management Lp has invested 1.58% in the stock. Kopernik Global Investors Llc, a Florida-based fund reported 537,006 shares.#img1#
Ratings analysis reveals 63% of KBR Inc’s analysts are positive. Out of 8 Wall Street analysts rating KBR Inc, 5 give it “Buy”, 2 “Sell” rating, while 1 recommend “Hold”. The lowest target is $16 while the high is $24. The stock’s average target of $18.58 is 11.19% above today’s ($16.71) share price. KBR was included in 17 notes of analysts from August 6, 2015. M Partners maintained the shares of KBR in a report on Tuesday, September 13 with “Neutral” rating. Goldman Sachs upgraded it to “Neutral” rating and $16 target price in Monday, March 28 report. As per Monday, December 7, the company rating was downgraded by Goldman Sachs. The stock of KBR, Inc. (NYSE:KBR) earned “Buy” rating by Deutsche Bank on Tuesday, October 4. The company was upgraded on Thursday, November 17 by Bank of America. Johnson Rice downgraded the stock to “Hold” rating in Monday, May 2 report. UBS maintained the shares of KBR in a report on Wednesday, August 5 with “Neutral” rating. On Friday, November 13 the stock rating was initiated by Citigroup with “Sell”. The rating was initiated by M Partners with “Neutral” on Wednesday, June 29. On Monday, November 21 the stock rating was upgraded by M Partners to “Buy”.
KBR, Inc. (KBR), incorporated on March 21, 2006, is an engineering, procurement, construction and services company. The Firm supports global hydrocarbons and international Government services market sectors. The Firm offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services, and base operational, logistics, life support and asset management services. The Firm operates through three business divisions: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS). The Firm provides services to a customer base, including international and national gas and oil companies, independent refiners, petrochemical producers, fertilizer producers, manufacturers and domestic and foreign Governments.
More news for KBR, Inc. (NYSE:KBR) were recently published by: Fool.com, which released: “Why Shares of KBR, Inc. Are Rising 10% Today” on November 09, 2016. Zacks.com‘s article titled: “KBR Inc. (KBR) Misses Q3 Earnings amp; Revenues, Guides Down” and published on November 03, 2016 is yet another important article.
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By Winifred Garcia