GSA Capital Partners LLP Acquires Shares of 15,190 Kforce Inc. $KFRC

GSA Capital Partners LLP acquired a new stake in shares of Kforce Inc. (NASDAQ:KFRC) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 15,190 shares of the business services provider’s stock, valued at approximately $713,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. bought a new position in Kforce in the 2nd quarter valued at about $239,000. GAMMA Investing LLC boosted its stake in Kforce by 13.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,578 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 184 shares during the last quarter. Versant Capital Management Inc increased its holdings in Kforce by 14.3% during the 2nd quarter. Versant Capital Management Inc now owns 3,096 shares of the business services provider’s stock worth $145,000 after purchasing an additional 387 shares in the last quarter. Access Investment Management LLC increased its holdings in Kforce by 74.6% during the 1st quarter. Access Investment Management LLC now owns 65,520 shares of the business services provider’s stock worth $1,916,000 after purchasing an additional 27,995 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Kforce by 1.3% in the first quarter. Bank of America Corp DE now owns 45,191 shares of the business services provider’s stock worth $1,321,000 after purchasing an additional 589 shares during the last quarter. 92.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Truist Financial raised their target price on Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. UBS Group set a $59.00 price target on Kforce in a report on Tuesday, July 28th. Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Robert W. Baird increased their price target on Kforce from $42.00 to $63.00 and gave the company an “outperform” rating in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $60.67.

Kforce Stock Up 0.5%

KFRC opened at $58.58 on Thursday. Kforce Inc. has a fifty-two week low of $24.49 and a fifty-two week high of $61.68. The firm has a market capitalization of $1.05 billion, a P/E ratio of 21.86 and a beta of 0.85. The company’s 50-day moving average is $53.88 and its 200 day moving average is $41.11. 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:KFRC) last issued its quarterly earnings data on Monday, July 27th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03. The business had revenue of $349.33 million during the quarter, compared to the consensus estimate of $348.11 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 EPS. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Research analysts expect that Kforce Inc. will post 2.7 earnings per share for the current fiscal year.

Kforce Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.60 annualized dividend and a dividend yield of 2.7%. Kforce’s dividend payout ratio is currently 75.47%.

Kforce Company Profile

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.