Kforce Inc. $KFRC Shares Sold by American Century Companies Inc.

American Century Companies Inc. reduced its position in shares of Kforce Inc. (NASDAQ:KFRC) by 9.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 76,639 shares of the business services provider’s stock after selling 8,205 shares during the quarter. American Century Companies Inc. owned about 0.41% of Kforce worth $3,747,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC boosted its stake in Kforce by 1,069.1% during the first quarter. Signaturefd LLC now owns 795 shares of the business services provider’s stock valued at $39,000 after buying an additional 727 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kforce in the 4th quarter valued at about $42,000. Meeder Asset Management Inc. boosted its position in shares of Kforce by 336.1% during the 1st quarter. Meeder Asset Management Inc. now owns 955 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 736 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Kforce by 147.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,118 shares of the business services provider’s stock worth $63,000 after purchasing an additional 666 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in shares of Kforce in the 4th quarter worth approximately $145,000. Institutional investors own 92.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Truist Financial reduced their target price on shares of Kforce from $50.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. UBS Group cut their price objective on Kforce from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Kforce has an average rating of “Hold” and an average price target of $52.33.

Kforce Stock Up 0.4%

KFRC stock opened at $32.64 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The firm has a market capitalization of $607.11 million, a P/E ratio of 12.18 and a beta of 0.75. Kforce Inc. has a 52-week low of $30.44 and a 52-week high of $66.30. The company’s 50 day simple moving average is $38.30 and its 200-day simple moving average is $42.53.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings data on Monday, July 28th. The business services provider reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Kforce had a return on equity of 30.34% and a net margin of 3.59%.The firm had revenue of $334.32 million during the quarter, compared to analyst estimates of $333.78 million. During the same period in the prior year, the business posted $0.75 EPS. The company’s revenue for the quarter was down 6.2% on a year-over-year basis. Kforce has set its Q3 2025 guidance at 0.530-0.61 EPS. As a group, equities research analysts anticipate that Kforce Inc. will post 2.7 EPS for the current year.

Kforce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Friday, September 12th. Kforce’s payout ratio is presently 65.27%.

About Kforce

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.