Kforce Inc. (NASDAQ:KFRC) Shares Sold by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. reduced its stake in shares of Kforce Inc. (NASDAQ:KFRC) by 1.0% in the 4th quarter, HoldingsChannel reports. The firm owned 282,384 shares of the business services provider’s stock after selling 2,818 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Kforce were worth $16,011,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in shares of Kforce by 147.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,118 shares of the business services provider’s stock worth $63,000 after acquiring an additional 666 shares during the last quarter. Blue Trust Inc. raised its stake in Kforce by 17.9% in the 4th quarter. Blue Trust Inc. now owns 1,810 shares of the business services provider’s stock valued at $111,000 after purchasing an additional 275 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Kforce by 23.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,547 shares of the business services provider’s stock valued at $144,000 after purchasing an additional 485 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in shares of Kforce during the 4th quarter worth about $206,000. Finally, Callan Family Office LLC purchased a new stake in shares of Kforce during the fourth quarter worth about $207,000. Hedge funds and other institutional investors own 92.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Truist Financial reduced their price objective on shares of Kforce from $58.00 to $50.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th.

Kforce Stock Down 1.5 %

Shares of NASDAQ:KFRC opened at $43.94 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The firm has a market cap of $839.74 million, a price-to-earnings ratio of 16.40 and a beta of 0.76. The stock’s 50-day moving average price is $47.97 and its two-hundred day moving average price is $53.81. Kforce Inc. has a 12-month low of $42.11 and a 12-month high of $71.48.

Kforce Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.55%. This is an increase from Kforce’s previous quarterly dividend of $0.38. The ex-dividend date was Friday, March 7th. Kforce’s payout ratio is presently 58.21%.

Kforce Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.