KBR Inc (NYSE:KBR) Institutional Investors Sentiment Index Increased in 2018 Q2

October 2, 2018 - By Ellis Scott

KBR, Inc. (NYSE:KBR) Logo

Sentiment for KBR Inc (NYSE:KBR)

KBR Inc (NYSE:KBR) institutional sentiment increased to 1.61 in 2018 Q2. Its up 0.41, from 1.2 in 2018Q1. The ratio improved, as 116 hedge funds opened new or increased equity positions, while 72 sold and reduced stakes in KBR Inc. The hedge funds in our partner’s database reported: 129.05 million shares, down from 129.90 million shares in 2018Q1. Also, the number of hedge funds holding KBR Inc in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 15 Reduced: 57 Increased: 83 New Position: 33.

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 $3.01 billion. The firm operates through three divisions: Government Services, Technology & Consulting, and Engineering & Construction. It has a 6.05 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 increased 1.28% or $0.27 during the last trading session, reaching $21.4. About 1.33M shares traded. KBR, Inc. (NYSE:KBR) has risen 13.57% since October 2, 2017 and is uptrending. It has underperformed by 2.05% the S&P500.

Analysts await KBR, Inc. (NYSE:KBR) to report earnings on October, 30. They expect $0.39 earnings per share, up 11.43 % or $0.04 from last year’s $0.35 per share. KBR’s profit will be $54.87M for 13.72 P/E if the $0.39 EPS becomes a reality. After $0.34 actual earnings per share reported by KBR, Inc. for the previous quarter, Wall Street now forecasts 14.71 % EPS growth.

Huber Capital Management Llc holds 6.58% of its portfolio in KBR, Inc. for 5.65 million shares. Corbyn Investment Management Inc Md owns 321,613 shares or 2.02% of their US portfolio. Moreover, Deprince Race & Zollo Inc has 1.66% invested in the company for 4.01 million shares. The Colorado-based Rk Capital Management Llc has invested 1.38% in the stock. Systematic Financial Management Lp, a New Jersey-based fund reported 2.25 million shares.

KBR, Inc. (NYSE:KBR) Ratings Coverage

Ratings analysis reveals 43% of KBR’s analysts are positive. Out of 7 Wall Street analysts rating KBR, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $19 while the high is $25. The stock’s average target of $23.40 is 9.35% above today’s ($21.4) share price. KBR was included in 8 notes of analysts from April 27, 2018. The firm has “Buy” rating by Bank of America given on Monday, August 13. The firm has “Neutral” rating given on Tuesday, July 31 by Credit Suisse. The stock of KBR, Inc. (NYSE:KBR) earned “Neutral” rating by Citigroup on Tuesday, July 31. The stock of KBR, Inc. (NYSE:KBR) earned “Neutral” rating by Macquarie Research on Wednesday, September 19. KeyBanc Capital Markets maintained KBR, Inc. (NYSE:KBR) rating on Tuesday, July 31. KeyBanc Capital Markets has “Overweight” rating and $25 target. Goldman Sachs upgraded the stock to “Neutral” rating in Thursday, June 14 report. The firm has “Neutral” rating given on Monday, July 23 by Citigroup. DA Davidson upgraded the stock to “Buy” rating in Friday, April 27 report.

Another recent and important KBR, Inc. (NYSE:KBR) news was published by Streetinsider.com which published an article titled: “KBR, Inc. (KBR) Announces Contract with Korean Military to Upgrade Identify Friend or Foe (IFF) System” on October 01, 2018.

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

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