AYAL Capital Advisors Ltd Decreases Stake in KBR, Inc. $KBR

AYAL Capital Advisors Ltd cut its holdings in shares of KBR, Inc. (NYSE:KBR) by 92.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,300 shares of the construction company’s stock after selling 152,400 shares during the quarter. AYAL Capital Advisors Ltd’s holdings in KBR were worth $638,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Boston Partners lifted its stake in shares of KBR by 25.6% during the 2nd quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock valued at $264,474,000 after buying an additional 1,122,076 shares in the last quarter. Invesco Ltd. raised its holdings in KBR by 11.0% during the 2nd quarter. Invesco Ltd. now owns 5,465,232 shares of the construction company’s stock valued at $262,003,000 after acquiring an additional 539,565 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of KBR by 8.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,090,874 shares of the construction company’s stock worth $196,116,000 after acquiring an additional 308,268 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of KBR by 17.8% in the second quarter. Franklin Resources Inc. now owns 3,419,468 shares of the construction company’s stock worth $163,929,000 after acquiring an additional 517,633 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of KBR by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,427,015 shares of the construction company’s stock worth $120,891,000 after acquiring an additional 244,094 shares during the period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Bank of America dropped their price objective on KBR from $55.00 to $45.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Oppenheimer began coverage on shares of KBR in a report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 price target on the stock. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Citigroup decreased their target price on shares of KBR from $62.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of KBR in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, KBR currently has an average rating of “Hold” and a consensus target price of $59.09.

KBR Price Performance

KBR stock opened at $43.50 on Friday. The firm has a 50 day simple moving average of $42.97 and a two-hundred day simple moving average of $47.06. The stock has a market cap of $5.52 billion, a PE ratio of 14.95, a P/E/G ratio of 1.19 and a beta of 0.54. KBR, Inc. has a one year low of $39.61 and a one year high of $60.98. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.18 and a quick ratio of 1.18.

KBR (NYSE:KBR) last posted its quarterly earnings data on Wednesday, October 29th. The construction company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.07. KBR had a net margin of 4.71% and a return on equity of 35.14%. The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the firm posted $0.84 EPS. The firm’s revenue was down .3% compared to the same quarter last year. On average, analysts predict that KBR, Inc. will post 3.26 EPS for the current fiscal year.

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, December 15th. KBR’s dividend payout ratio is presently 22.68%.

About KBR

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.