KBR, Inc. (NYSE:KBR) CEO Sells $7,338,405.69 in Stock

Stuart Bradie, CEO, sold 119.889 shares in a single transaction on Monday 5th June. The shares were bought at an average of $61.21, resulting in a value of $7,338,405.69. The chief executive now owns directly 669,639 of the company's shares, worth $40,988,603.19. This link
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Stuart Bradie made the following recent trades:

The stock was bought at an average of $59.20 for a value of $53,280.00.

The stock was bought at an average of $59.51 for a value of $142,050.37.

The price of the stock fell by $0.03 to $61.95. The company's shares were traded at a volume of 2,510,874 compared to the average of 1,116,815. The company has a moving average of $54.01 and a moving average of $57.47 for the last 50 days. The debt-to equity ratio is 0.83. Current ratios are 0.99, and quick ratios are 0.99. KBR, Inc.'s 52-week low is $41.96 while its 52-week high is $62.42. The company has a market cap of $8.41 billion, a P/E ratio of 27.19, a price-to-earnings-growth ratio of 1.51 and a beta of 1.13.

The company last released its results on May 1st. The company posted $0.67 in earnings per share for the first quarter, exceeding analysts' expectations of $0.58. Revenue for the quarter was $1.70 billion, which is higher than analysts' expectations of $1.6 billion. KBR's net margin was 5.30%, and its return on equity was 26.13%. KBR's revenue for the quarter was down by.6% from last year. In the same quarter last year, KBR earned $0.62 per share. Analysts expect KBR, Inc. to post 2.89 EPS in the current fiscal year.

KBR Announces Dividend

A quarterly dividend was also declared by the business, and will be paid out on Friday, 14th July. Dividends of $0.135 will be paid to shareholders who were in the books on Thursday, June 15. This dividend will be paid on Wednesday, June 14. This is a $0.54 dividend with a yield 0.87%. KBR's current dividend payout ratio stands at 23.68%.

Wall Street analysts weigh in

A number of analysts have commented on KBR's shares. Citigroup increased their target price for KBR to $67.00 in a Friday, February 17th report. They also gave the company a "buy" rating. Cowen raised their target price for KBR from $56.00 up to $63.00 in a report published on Thursday, 22nd. The stock was given an 'outperform rating'. In a report published on February 21st, DA Davidson raised their price target on KBR to $70.00 from $60.00. In a research report published on Thursday 18th May, we began covering KBR shares. They gave the company a 'buy rating'. Six analysts have given the stock a buy recommendation. According to MarketBeat data, the average rating for the company is 'Buy,' with a consensus price target of $67.14.

Inflows of Institutional Capital and Outflows

Recent large investors have bought and sold shares. Toroso Investments LLC increased its holdings in KBR shares by 7.7% in the first quarter. Toroso Investments LLC owns 5,555 of the stock in the construction company, worth $306,000. This is after buying an additional 398 stocks during the last quarter. Putnam Investments LLC increased its stake in KBR during the first quarter by 2.8%. Putnam Investments LLC owns now 278,478 of the construction company stock, worth $15.330,000. This is after purchasing an additional 7,643 during the last quarter. Centaurus Financial Inc. purchased a new KBR position during the first quarter valued at $129,000. Advisory Services Network LLC increased its holdings of KBR by 25,8% during the first quarter. Advisory Services Network LLC owns 6,106 of the construction company stock, worth $336,000, after buying an additional 1,253 during the period. Snyder Capital Management L P increased its holdings of KBR by 2.5% during the first quarter. Snyder Capital Management L P owns now 3,073,508 of the construction company’s stock valued at $169,197,000, after purchasing an extra 73,594 during the period.

KBR

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KBR, Inc. provides differentiated professional and technological services across the asset lifecycle and program within the hydrocarbons and government services industries. It is organized into five segments: Government Solutions (Government Solutions), Technology Solutions (Technology Solutions), Energy Solutions (Energy Solutions), Non-strategic Business and Other.

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