Vestmark Advisory Solutions Inc. Lowers Holdings in Kforce Inc. $KFRC

Vestmark Advisory Solutions Inc. reduced its stake in shares of Kforce Inc. (NASDAQ:KFRC) by 53.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 14,995 shares of the business services provider’s stock after selling 17,241 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Kforce were worth $617,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of KFRC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Kforce by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after acquiring an additional 474 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Kforce by 18.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,027 shares of the business services provider’s stock valued at $148,000 after acquiring an additional 480 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Kforce by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 149,463 shares of the business services provider’s stock worth $7,307,000 after purchasing an additional 492 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Kforce by 1,069.1% during the 1st quarter. Signaturefd LLC now owns 795 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 727 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its position in shares of Kforce by 336.1% during the first quarter. Meeder Asset Management Inc. now owns 955 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 736 shares in the last quarter. Institutional investors own 92.77% of the company’s stock.

Kforce Stock Up 3.5%

NASDAQ KFRC opened at $31.15 on Wednesday. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce Inc. has a 52 week low of $24.49 and a 52 week high of $62.05. The firm has a market capitalization of $565.07 million, a price-to-earnings ratio of 11.62 and a beta of 0.68. The company has a fifty day moving average of $29.27 and a two-hundred day moving average of $35.63.

Kforce (NASDAQ:KFRC) last released its earnings results on Monday, November 3rd. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.06. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm had revenue of $332.65 million during the quarter, compared to analyst estimates of $328.34 million. During the same quarter last year, the business earned $0.75 EPS. The business’s revenue was down 5.9% on a year-over-year basis. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. On average, analysts predict that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Friday, December 5th. Kforce’s payout ratio is 68.72%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on KFRC shares. Truist Financial reduced their target price on Kforce from $46.00 to $35.00 and set a “hold” rating on the stock in a report on Monday, October 13th. Zacks Research downgraded Kforce from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Finally, UBS Group lowered their target price on Kforce from $40.00 to $34.50 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $34.75.

About Kforce

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.