KBR, Inc. (NYSE:KBR) Shares Purchased by Swiss National Bank

Swiss National Bank increased its holdings in shares of KBR, Inc. (NYSE:KBRFree Report) by 0.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 298,341 shares of the construction company’s stock after acquiring an additional 1,500 shares during the quarter. Swiss National Bank’s holdings in KBR were worth $17,584,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Raymond James Financial Services Advisors Inc. raised its holdings in KBR by 16.3% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 11,008 shares of the construction company’s stock valued at $602,000 after acquiring an additional 1,540 shares in the last quarter. Natixis Advisors L.P. raised its holdings in KBR by 71.7% in the 1st quarter. Natixis Advisors L.P. now owns 34,270 shares of the construction company’s stock valued at $1,876,000 after acquiring an additional 14,308 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in KBR by 10.0% in the 1st quarter. Great West Life Assurance Co. Can now owns 79,664 shares of the construction company’s stock valued at $4,488,000 after acquiring an additional 7,244 shares in the last quarter. Synovus Financial Corp raised its holdings in KBR by 11.3% in the 1st quarter. Synovus Financial Corp now owns 25,239 shares of the construction company’s stock valued at $1,384,000 after acquiring an additional 2,563 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in KBR by 103.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 1,920 shares of the construction company’s stock valued at $105,000 after acquiring an additional 974 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms have commented on KBR. KeyCorp began coverage on KBR in a report on Wednesday, January 10th. They issued an “overweight” rating and a $63.00 price target for the company. UBS Group lowered their price objective on KBR from $65.00 to $63.00 and set a “buy” rating on the stock in a research note on Friday, February 2nd. StockNews.com lowered KBR from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Citigroup upped their price objective on KBR from $62.00 to $67.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Finally, The Goldman Sachs Group lowered their price objective on KBR from $75.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $67.71.

View Our Latest Analysis on KBR

KBR Stock Up 0.6 %

NYSE KBR opened at $53.96 on Friday. The firm has a market cap of $7.28 billion, a PE ratio of -34.15, a price-to-earnings-growth ratio of 1.27 and a beta of 0.94. KBR, Inc. has a one year low of $49.37 and a one year high of $65.87. The stock’s 50 day simple moving average is $53.73 and its 200 day simple moving average is $56.70. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.98 and a quick ratio of 0.98.

KBR Profile

(Free Report)

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. The company 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.

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Institutional Ownership by Quarter for KBR (NYSE:KBR)

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