Kforce Inc. (NASDAQ:KFRC) President Joseph J. Liberatore sold 20,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $27.85, for a total value of $557,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Joseph J. Liberatore also recently made the following trade(s):
- On Tuesday, January 9th, Joseph J. Liberatore sold 21,380 shares of Kforce stock. The shares were sold at an average price of $27.15, for a total value of $580,467.00.
Kforce Inc. (NASDAQ:KFRC) traded down $0.10 during trading on Tuesday, reaching $27.75. The company’s stock had a trading volume of 204,269 shares, compared to its average volume of 122,160. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $734.47, a P/E ratio of 21.18 and a beta of 1.72. Kforce Inc. has a 1 year low of $16.75 and a 1 year high of $28.94.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, March 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.73%. Kforce’s dividend payout ratio (DPR) is 36.64%.
Institutional investors and hedge funds have recently modified their holdings of the company. Ramsey Quantitative Systems bought a new position in shares of Kforce during the fourth quarter worth about $111,000. Advisor Group Inc. raised its position in shares of Kforce by 91.2% during the fourth quarter. Advisor Group Inc. now owns 4,660 shares of the business services provider’s stock worth $118,000 after acquiring an additional 2,223 shares during the last quarter. Teacher Retirement System of Texas bought a new position in shares of Kforce during the fourth quarter worth about $209,000. FDx Advisors Inc. bought a new position in shares of Kforce during the fourth quarter worth about $218,000. Finally, Eqis Capital Management Inc. bought a new position in shares of Kforce during the fourth quarter worth about $259,000. Institutional investors own 76.03% of the company’s stock.
Several research firms have commented on KFRC. Robert W. Baird increased their target price on Kforce from $25.00 to $28.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Zacks Investment Research upgraded Kforce from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research report on Saturday, February 3rd. ValuEngine upgraded Kforce from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Northcoast Research upgraded Kforce from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Finally, BidaskClub downgraded Kforce from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 16th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Kforce has an average rating of “Buy” and a consensus price target of $26.50.
Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.
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