KBR Inc (NYSE:KBR) Institutional Investor Sentiment Analysis

August 27, 2018 - By Patrick Harkless

KBR, Inc. (NYSE:KBR) Logo

Sentiment for KBR Inc (NYSE:KBR)

KBR Inc (NYSE:KBR) institutional sentiment increased to 1.2 in 2018 Q1. Its up 0.24, from 0.96 in 2017Q4. The ratio is positive, as 109 hedge funds opened new or increased stock positions, while 91 cut down and sold holdings in KBR Inc. The hedge funds in our partner’s database now have: 129.90 million shares, down from 134.13 million shares in 2017Q4. Also, the number of hedge funds holding KBR Inc in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 27 Reduced: 64 Increased: 71 New Position: 38.

KBR, Inc. provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company has market cap of $3.00 billion. The firm operates through three divisions: Government Services, Technology & Consulting, and Engineering & Construction. It has a 6.02 P/E ratio. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

The stock decreased 0.23% or $0.05 during the last trading session, reaching $21.29. About 529,982 shares traded. KBR, Inc. (NYSE:KBR) has risen 23.17% since August 27, 2017 and is uptrending. It has outperformed by 10.60% the S&P500.

Analysts await KBR, Inc. (NYSE:KBR) to report earnings on October, 30. They expect $0.38 earnings per share, up 8.57 % or $0.03 from last year’s $0.35 per share. KBR’s profit will be $53.46 million for 14.01 P/E if the $0.38 EPS becomes a reality. After $0.34 actual earnings per share reported by KBR, Inc. for the previous quarter, Wall Street now forecasts 11.76 % EPS growth.

Huber Capital Management Llc holds 5.94% of its portfolio in KBR, Inc. for 6.26 million shares. Corbyn Investment Management Inc Md owns 324,044 shares or 1.79% of their US portfolio. Moreover, Deprince Race & Zollo Inc has 1.42% invested in the company for 3.75 million shares. The New Jersey-based Systematic Financial Management Lp has invested 1.04% in the stock. Rk Capital Management Llc, a Colorado-based fund reported 265,700 shares.

KBR, Inc. (NYSE:KBR) Ratings Coverage

Ratings analysis reveals 50% of KBR’s analysts are positive. Out of 6 Wall Street analysts rating KBR, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $19 while the high is $25. The stock’s average target of $22.25 is 4.51% above today’s ($21.29) share price. KBR was included in 7 notes of analysts from April 27, 2018. Citigroup maintained the shares of KBR in report on Tuesday, July 31 with “Neutral” rating. On Monday, July 23 the stock rating was maintained by Citigroup with “Neutral”. The rating was upgraded by DA Davidson to “Buy” on Friday, April 27. Goldman Sachs upgraded the shares of KBR in report on Thursday, June 14 to “Neutral” rating. Bank of America maintained KBR, Inc. (NYSE:KBR) rating on Monday, August 13. Bank of America has “Buy” rating and $24 target. Credit Suisse maintained it with “Neutral” rating and $19 target in Tuesday, July 31 report. The stock of KBR, Inc. (NYSE:KBR) earned “Overweight” rating by KeyBanc Capital Markets on Tuesday, July 31.

More important recent KBR, Inc. (NYSE:KBR) news were published by: Seekingalpha.com which released: “KBR raised EPS guidance, shares up 2% premarket” on July 30, 2018, also Seekingalpha.com published article titled: “KBR’s PCMAX technology selected by PMSM for two polycarbonate projects in China”, 247Wallst.com published: “Why KBR Earnings Are So Great” on July 30, 2018. More interesting news about KBR, Inc. (NYSE:KBR) was released by: Streetinsider.com and their article: “KBR, Inc. (KBR) Secures EPCM Contract from Methanex Corp. (MEOH) for FEED Services for Potential Geismar 3 …” with publication date: July 31, 2018.

KBR, Inc. (NYSE:KBR) Institutional Positions Chart

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