KBR, Inc. (NYSE:KBR) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its holdings in shares of KBR, Inc. (NYSE:KBR) by 56.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,021 shares of the construction company’s stock after acquiring an additional 1,095 shares during the quarter. Blue Trust Inc.’s holdings in KBR were worth $175,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of KBR. UMB Bank n.a. grew its holdings in shares of KBR by 49.2% in the fourth quarter. UMB Bank n.a. now owns 531 shares of the construction company’s stock valued at $31,000 after purchasing an additional 175 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of KBR by 1.5% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 19,700 shares of the construction company’s stock valued at $1,283,000 after buying an additional 300 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of KBR by 2.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 11,764 shares of the construction company’s stock valued at $766,000 after buying an additional 335 shares during the period. True Wealth Design LLC acquired a new stake in shares of KBR during the 3rd quarter worth approximately $26,000. Finally, Cetera Trust Company N.A raised its position in shares of KBR by 18.8% during the 4th quarter. Cetera Trust Company N.A now owns 3,567 shares of the construction company’s stock valued at $207,000 after buying an additional 565 shares during the period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. KeyCorp cut their target price on KBR from $78.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. DA Davidson reissued a “buy” rating and set a $84.00 target price on shares of KBR in a research note on Tuesday, November 19th. UBS Group increased their price target on KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Citigroup cut their target price on KBR from $82.00 to $76.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Finally, TD Cowen cut their price target on KBR from $72.00 to $64.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

KBR Trading Down 0.7 %

Shares of KBR stock opened at $53.09 on Wednesday. The business’s fifty day moving average price is $58.06 and its 200 day moving average price is $63.10. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $7.07 billion, a PE ratio of 22.31, a P/E/G ratio of 0.92 and a beta of 0.83. KBR, Inc. has a 1-year low of $51.95 and a 1-year high of $72.60.

KBR Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.