Dubuque Bank & Trust Co. raised its position in shares of Kforce, Inc. (NASDAQ:KFRC) by 22.7% during the second quarter, Holdings Channel reports. The fund owned 11,665 shares of the business services provider’s stock after buying an additional 2,158 shares during the period. Dubuque Bank & Trust Co.’s holdings in Kforce were worth $229,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of KFRC. State Street Corp boosted its stake in Kforce by 2.9% in the fourth quarter. State Street Corp now owns 488,886 shares of the business services provider’s stock worth $11,293,000 after buying an additional 13,643 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Kforce by 4.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,300,018 shares of the business services provider’s stock worth $30,030,000 after buying an additional 57,552 shares during the last quarter. Two Sigma Investments LP acquired a new stake in Kforce during the fourth quarter worth $356,000. Metropolitan Life Insurance Co. NY boosted its stake in Kforce by 4.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 18,684 shares of the business services provider’s stock worth $432,000 after buying an additional 856 shares during the last quarter. Finally, First National Bank of Omaha boosted its stake in Kforce by 21.9% in the first quarter. First National Bank of Omaha now owns 54,315 shares of the business services provider’s stock worth $1,290,000 after buying an additional 9,764 shares during the last quarter. 77.73% of the stock is currently owned by institutional investors and hedge funds.

Shares of Kforce, Inc. (KFRC) traded down 1.53% during mid-day trading on Friday, reaching $19.35. 69,411 shares of the company’s stock traded hands. The stock has a market cap of $488.26 million, a PE ratio of 14.37 and a beta of 1.55. The firm has a 50 day moving average price of $18.93 and a 200-day moving average price of $21.71. Kforce, Inc. has a 12 month low of $15.95 and a 12 month high of $26.95.

The business also recently declared a quarterly dividend, which was paid on Friday, June 23rd. Investors of record on Friday, June 9th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend was Wednesday, June 7th. Kforce’s dividend payout ratio (DPR) is presently 35.82%.

COPYRIGHT VIOLATION WARNING: This article was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/07/23/dubuque-bank-trust-co-has-229000-position-in-kforce-inc-nasdaqkfrc.html.

KFRC has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Kforce from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 11th. ValuEngine cut shares of Kforce from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. TheStreet cut shares of Kforce from a “b-” rating to a “c+” rating in a research note on Wednesday, May 31st. Finally, BidaskClub cut shares of Kforce from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Kforce presently has an average rating of “Hold” and a consensus target price of $24.50.

In related news, COO Kye L. Mitchell sold 8,838 shares of Kforce stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $20.68, for a total transaction of $182,769.84. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David L. Dunkel sold 2,000 shares of Kforce stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $21.00, for a total transaction of $42,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 18,838 shares of company stock worth $371,330 over the last ninety days. 13.30% of the stock is currently owned by insiders.

Kforce Company Profile

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.

Want to see what other hedge funds are holding KFRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kforce, Inc. (NASDAQ:KFRC).

Institutional Ownership by Quarter for Kforce (NASDAQ:KFRC)

Receive News & Stock Ratings for Kforce Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kforce Inc. and related stocks with our FREE daily email newsletter.