Pembroke Management LTD Raises Stock Holdings in KBR, Inc. (NYSE:KBR)

Pembroke Management LTD raised its position in shares of KBR, Inc. (NYSE:KBR) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,066 shares of the construction company’s stock after buying an additional 3,079 shares during the period. KBR comprises about 1.7% of Pembroke Management LTD’s investment portfolio, making the stock its 27th biggest holding. Pembroke Management LTD owned approximately 0.17% of KBR worth $13,038,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KBR. Peregrine Capital Management LLC grew its position in shares of KBR by 1.8% in the 4th quarter. Peregrine Capital Management LLC now owns 232,869 shares of the construction company’s stock worth $13,490,000 after buying an additional 4,095 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in KBR by 507.2% in the fourth quarter. Venturi Wealth Management LLC now owns 1,603 shares of the construction company’s stock worth $93,000 after acquiring an additional 1,339 shares during the period. Pinnbrook Capital Management LP bought a new stake in KBR in the fourth quarter valued at $3,527,000. D.A. Davidson & CO. increased its position in KBR by 7.0% during the 4th quarter. D.A. Davidson & CO. now owns 59,580 shares of the construction company’s stock valued at $3,451,000 after purchasing an additional 3,887 shares during the period. Finally, Truist Financial Corp raised its holdings in KBR by 287.6% in the 4th quarter. Truist Financial Corp now owns 11,953 shares of the construction company’s stock worth $692,000 after purchasing an additional 8,869 shares in the last quarter. Institutional investors own 97.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on KBR shares. UBS Group boosted their price target on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. KeyCorp decreased their target price on KBR from $78.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. TD Cowen dropped their price target on KBR from $72.00 to $64.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. Citigroup decreased their price objective on KBR from $82.00 to $76.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Finally, DA Davidson reissued a “buy” rating and set a $84.00 price objective on shares of KBR in a research report on Tuesday, November 19th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $78.00.

KBR Trading Down 0.9 %

NYSE KBR opened at $51.98 on Tuesday. The stock’s fifty day moving average price is $56.80 and its 200-day moving average price is $62.26. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. The stock has a market cap of $6.93 billion, a P/E ratio of 21.84, a P/E/G ratio of 0.92 and a beta of 0.83. KBR, Inc. has a 12 month low of $51.32 and a 12 month high of $72.60.

KBR Profile

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.