Institutional Investors Are Betting On Kforce Inc (NASDAQ:KFRC)

November 14, 2017 - By Darrin Black

 Institutional Investors Are Betting On Kforce Inc (NASDAQ:KFRC)

Sentiment for Kforce Inc (NASDAQ:KFRC)

Kforce Inc (NASDAQ:KFRC) institutional sentiment increased to 1.76 in Q2 2017. Its up 0.30, from 1.46 in 2017Q1. The ratio improved, as 72 funds increased or opened new positions, while 41 sold and decreased their stock positions in Kforce Inc. The funds in our partner’s database reported: 20.92 million shares, up from 20.77 million shares in 2017Q1. Also, the number of funds holding Kforce Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 31 Increased: 48 New Position: 24.

Kforce Inc. is engaged in providing professional and technical specialty staffing services and solutions. The company has market cap of $645.80 million. The Firm operates through three divisions, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). It has a 17.15 P/E ratio. The Company’s Tech segment includes the activities of its subsidiary Kforce Global Solutions, Inc.

About 12,629 shares traded. Kforce Inc. (NASDAQ:KFRC) has risen 4.91% since November 14, 2016 and is uptrending. It has underperformed by 11.79% the S&P500.

Investors wait Kforce Inc. (NASDAQ:KFRC) to report on February, 6. its quarterly earnings Wall Street analysts expect $0.43 earnings per share, up $0.07 or 19.44 % from last year’s $0.36 same quarter earnings. This translates into $11.38 million profit for KFRC giving the stock a 14.19 P/E. This is assuming the current $0.43 EPS is accurate. Kforce Inc.’s Wall Street analysts see -4.44 % negative EPS growth, taking into account the $0.45 EPS reproted in the previous quarter,

Zpr Investment Management holds 1.92% of its portfolio in Kforce Inc. for 63,871 shares. Tributary Capital Management Llc owns 777,037 shares or 1.34% of their US portfolio. Moreover, Kestrel Investment Management Corp has 1.26% invested in the company for 173,150 shares. The New York-based Fny Managed Accounts Llc has invested 1.07% in the stock. Broadview Advisors Llc, a Wisconsin-based fund reported 363,538 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $146,552 activity.

Kforce Inc. (NASDAQ:KFRC) Ratings Coverage

Ratings analysis reveals 50% of Kforce.com’s analysts are positive. Out of 6 Wall Street analysts rating Kforce.com, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $20.0 while the high is $33. The stock’s average target of $25 is 2.46% above today’s ($24.4) share price. KFRC was included in 9 notes of analysts from November 4, 2015. The stock of Kforce Inc. (NASDAQ:KFRC) earned “Mkt Outperform” rating by Avondale on Wednesday, February 8. The firm has “Neutral” rating given on Friday, February 24 by Credit Suisse. The stock has “Hold” rating by Deutsche Bank on Thursday, August 18. Northcoast upgraded the stock to “Buy” rating in Monday, November 6 report. The firm earned “Hold” rating on Wednesday, October 11 by SunTrust. Robert W. Baird maintained it with “Buy” rating and $20.0 target in Monday, September 11 report. The rating was maintained by Deutsche Bank on Wednesday, August 2 with “Hold”. The firm has “Mkt Perform” rating by Avondale given on Monday, December 19.

More recent Kforce Inc. (NASDAQ:KFRC) news were published by: Bizjournals.com which released: “Kforce demands ex-employee return trade secrets” on November 07, 2017. Also Globenewswire.com published the news titled: “Kforce Inc. Announces Third Quarter 2017 Earnings Date and Q4 Conferences” on October 05, 2017. Globenewswire.com‘s news article titled: “Kforce Reports Third Quarter Revenues of $341.1 Million; Third Quarter Net …” with publication date: October 31, 2017 was also an interesting one.

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