Atria Investments Inc Grows Stock Position in Kforce Inc. (NASDAQ:KFRC)

Atria Investments Inc boosted its position in Kforce Inc. (NASDAQ:KFRC) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,058 shares of the business services provider’s stock after buying an additional 209 shares during the quarter. Atria Investments Inc’s holdings in Kforce were worth $400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. TD Private Client Wealth LLC increased its position in Kforce by 58.0% in the third quarter. TD Private Client Wealth LLC now owns 496 shares of the business services provider’s stock worth $30,000 after buying an additional 182 shares during the last quarter. Blue Trust Inc. increased its position in Kforce by 17.9% in the fourth quarter. Blue Trust Inc. now owns 1,810 shares of the business services provider’s stock worth $111,000 after buying an additional 275 shares during the last quarter. Advisors Asset Management Inc. increased its position in Kforce by 197.3% in the third quarter. Advisors Asset Management Inc. now owns 2,396 shares of the business services provider’s stock worth $147,000 after buying an additional 1,590 shares during the last quarter. QRG Capital Management Inc. purchased a new stake in Kforce in the fourth quarter worth $206,000. Finally, Paloma Partners Management Co bought a new position in shares of Kforce in the third quarter worth $221,000. 92.77% of the stock is owned by hedge funds and other institutional investors.

Kforce Stock Performance

NASDAQ:KFRC opened at $50.79 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. Kforce Inc. has a 52-week low of $48.03 and a 52-week high of $72.19. The firm has a market cap of $970.55 million, a price-to-earnings ratio of 18.95 and a beta of 0.83. The business’s fifty day moving average is $52.68 and its 200 day moving average is $56.93.

Kforce Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.07%. This is a positive change from Kforce’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Friday, March 7th. Kforce’s payout ratio is presently 58.21%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Kforce from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th.

Kforce Company 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.