Teachers Advisors LLC cut its position in KBR, Inc. (NYSE:KBR) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 686,174 shares of the construction company’s stock after selling 4,883 shares during the quarter. Teachers Advisors LLC owned approximately 0.49% of KBR worth $14,499,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PEAK6 Investments LLC purchased a new position in KBR in the 3rd quarter valued at approximately $211,000. Trilogy Capital Inc. acquired a new stake in KBR during the 3rd quarter valued at $234,000. Tower Research Capital LLC TRC grew its holdings in KBR by 218.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 12,821 shares of the construction company’s stock valued at $271,000 after buying an additional 8,795 shares during the last quarter. First Hawaiian Bank acquired a new stake in KBR during the 3rd quarter valued at $311,000. Finally, Parametrica Management Ltd acquired a new stake in KBR during the 3rd quarter valued at $315,000. 97.74% of the stock is owned by hedge funds and other institutional investors.

KBR stock traded down $0.30 during midday trading on Monday, reaching $17.13. The stock had a trading volume of 153,731 shares, compared to its average volume of 1,348,991. KBR, Inc. has a twelve month low of $13.90 and a twelve month high of $22.22. The stock has a market capitalization of $2.40 billion, a P/E ratio of 11.49, a PEG ratio of 1.30 and a beta of 1.32. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.69.

A number of equities research analysts have commented on KBR shares. TheStreet upgraded KBR from a “c+” rating to a “b” rating in a report on Tuesday, January 22nd. Zacks Investment Research upgraded KBR from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a report on Monday, January 28th. Drexel Hamilton set a $22.00 price objective on KBR and gave the stock a “buy” rating in a report on Tuesday, October 30th. KeyCorp set a $24.00 price objective on KBR and gave the stock a “buy” rating in a report on Tuesday, January 29th. Finally, Deutsche Bank cut KBR from a “buy” rating to a “hold” rating in a report on Friday, January 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $22.45.

TRADEMARK VIOLATION NOTICE: This report was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another publication, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2019/02/11/kbr-inc-kbr-shares-sold-by-teachers-advisors-llc.html.

KBR Profile

KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. 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.

See Also: Float

Institutional Ownership by Quarter for KBR (NYSE:KBR)

Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter.