Deprince Race & Zollo Inc. Grows Position in Kforce Inc. $KFRC

Deprince Race & Zollo Inc. boosted its holdings in Kforce Inc. (NASDAQ:KFRC) by 391.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 382,443 shares of the business services provider’s stock after buying an additional 304,690 shares during the quarter. Deprince Race & Zollo Inc. owned 2.06% of Kforce worth $11,466,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Quarry LP purchased a new position in shares of Kforce during the first quarter valued at approximately $42,000. Parkside Financial Bank & Trust raised its stake in Kforce by 3,756.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,234 shares of the business services provider’s stock valued at $51,000 after buying an additional 1,202 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Kforce by 752.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,441 shares of the business services provider’s stock valued at $43,000 after buying an additional 1,272 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Kforce by 273.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock worth $77,000 after buying an additional 1,365 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of Kforce by 783.0% in the 2nd quarter. CWM LLC now owns 2,649 shares of the business services provider’s stock worth $109,000 after buying an additional 2,349 shares during the last quarter. Hedge funds and other institutional investors own 92.77% of the company’s stock.

Kforce Stock Performance

Shares of KFRC opened at $31.41 on Monday. The business has a 50-day simple moving average of $29.46 and a two-hundred day simple moving average of $33.23. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce Inc. has a 52 week low of $24.49 and a 52 week high of $57.60. The stock has a market cap of $569.72 million, a price-to-earnings ratio of 11.72 and a beta of 0.56.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings data on Monday, November 3rd. The business services provider reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.06. The firm had revenue of $332.65 million for the quarter, compared to analysts’ expectations of $328.34 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. On average, analysts expect that Kforce Inc. will post 2.7 EPS for the current year.

Kforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Friday, December 5th. Kforce’s dividend payout ratio is presently 68.72%.

Analysts Set New Price Targets

A number of research analysts have weighed in on KFRC shares. Truist Financial lowered their target price on Kforce from $46.00 to $35.00 and set a “hold” rating on the stock in a report on Monday, October 13th. UBS Group lowered their price objective on shares of Kforce from $40.00 to $34.50 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Finally, Zacks Research raised shares of Kforce from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $34.75.

About Kforce

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.