Quantinno Capital Management LP Has $2.14 Million Holdings in Kforce Inc. $KFRC

Quantinno Capital Management LP lifted its stake in shares of Kforce Inc. (NASDAQ:KFRCFree Report) by 88.6% in the 1st quarter, Holdings Channel reports. The fund owned 73,135 shares of the business services provider’s stock after acquiring an additional 34,352 shares during the quarter. Quantinno Capital Management LP’s holdings in Kforce were worth $2,138,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Deprince Race & Zollo Inc. boosted its stake in Kforce by 30.7% in the 4th quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock worth $15,452,000 after purchasing an additional 117,290 shares during the period. Renaissance Technologies LLC raised its stake in shares of Kforce by 30.8% in the 1st quarter. Renaissance Technologies LLC now owns 115,649 shares of the business services provider’s stock valued at $3,382,000 after purchasing an additional 27,205 shares during the period. CWM LLC raised its stake in shares of Kforce by 105.2% in the 4th quarter. CWM LLC now owns 20,996 shares of the business services provider’s stock valued at $649,000 after purchasing an additional 10,764 shares during the period. Sei Investments Co. lifted its holdings in shares of Kforce by 66.7% in the first quarter. Sei Investments Co. now owns 246,709 shares of the business services provider’s stock valued at $7,214,000 after purchasing an additional 98,736 shares in the last quarter. Finally, Principal Financial Group Inc. bought a new stake in shares of Kforce in the first quarter valued at about $1,249,000. 92.77% of the stock is owned by institutional investors.

Kforce Stock Down 2.4%

Kforce stock opened at $57.70 on Tuesday. The firm has a market capitalization of $1.03 billion, a PE ratio of 21.53 and a beta of 0.85. The company’s 50-day moving average is $52.42 and its 200-day moving average is $39.92. Kforce Inc. has a fifty-two week low of $24.49 and a fifty-two week high of $61.68. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06.

Kforce (NASDAQ:KFRCGet Free Report) last issued its earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The company had revenue of $349.33 million for the quarter, compared to analysts’ expectations of $348.11 million. During the same period in the prior year, the firm earned $0.59 EPS. Kforce’s quarterly revenue was up 4.5% compared to the same quarter last year. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Sell-side analysts anticipate that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a $0.40 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.60 annualized dividend and a yield of 2.8%. Kforce’s dividend payout ratio is currently 75.47%.

Analysts Set New Price Targets

A number of research firms recently issued reports on KFRC. Truist Financial increased their price objective on Kforce from $38.00 to $60.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. UBS Group set a $59.00 price target on Kforce in a research report on Tuesday, July 28th. Zacks Research downgraded shares of Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Robert W. Baird boosted their price objective on shares of Kforce from $42.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Kforce has a consensus rating of “Hold” and a consensus price target of $60.67.

Get Our Latest Stock Report on KFRC

About Kforce

(Free Report)

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.

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Institutional Ownership by Quarter for Kforce (NASDAQ:KFRC)

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