Does Kforce Incorporated (NASDAQ:KFRC) Have Gas After Even More Sellers Involved?

December 14, 2017 - By Clifton Ray

 Does Kforce Incorporated (NASDAQ:KFRC) Have Gas After Even More Sellers Involved?

Investors sentiment increased to 1.76 in Q2 2017. Its up 0.30, from 1.46 in 2017Q1. It is positive, as 10 investors sold Kforce Inc. shares while 31 reduced holdings. 24 funds opened positions while 48 raised stakes. 20.92 million shares or 0.72% more from 20.77 million shares in 2017Q1 were reported.
Citadel Llc reported 0% of its portfolio in Kforce Inc. (NASDAQ:KFRC). First Mercantile Trust stated it has 4,470 shares or 0.02% of all its holdings. Connecticut-based Aqr Mgmt Llc has invested 0.01% in Kforce Inc. (NASDAQ:KFRC). Independent Portfolio Consultants Inc has 38,089 shares for 0.31% of their portfolio. Bancorporation Of Montreal Can invested in 0% or 64,809 shares. Barclays Public Ltd Com invested 0% of its portfolio in Kforce Inc. (NASDAQ:KFRC). Prelude Capital Management Ltd Company reported 7,600 shares. Dimensional Fund Lp holds 0.01% or 1.44 million shares in its portfolio. State Street Corp accumulated 521,416 shares. First Financial Bank Of Omaha, a Nebraska-based fund reported 58,825 shares. Retail Bank Of Ny Mellon reported 221,562 shares stake. Tributary Ltd Liability Com owns 777,037 shares for 1.34% of their portfolio. Buckhead Capital Mngmt Ltd Llc has 0.11% invested in Kforce Inc. (NASDAQ:KFRC). Dupont Capital Mngmt holds 91,921 shares or 0.04% of its portfolio. State Common Retirement Fund accumulated 0% or 41,521 shares.

Since September 7, 2017, it had 0 insider buys, and 2 insider sales for $108,192 activity. Mitchell Kye L. also sold $89,935 worth of Kforce Inc. (NASDAQ:KFRC) on Thursday, September 7.

The stock of Kforce Incorporated (NASDAQ:KFRC) registered an increase of 3.94% in short interest. KFRC’s total short interest was 227,100 shares in December as published by FINRA. Its up 3.94% from 218,500 shares, reported previously. With 99,200 shares average volume, it will take short sellers 2 days to cover their KFRC’s short positions. The short interest to Kforce Incorporated’s float is 1.03%.

The stock decreased 0.20% or $0.05 during the last trading session, reaching $25.5. About 36,425 shares traded. Kforce Inc. (NASDAQ:KFRC) has risen 4.91% since December 14, 2016 and is uptrending. It has underperformed by 11.79% the S&P500.

Kforce Inc. provides professional and technical specialty staffing services and solutions in the United States and internationally. The company has market cap of $643.57 million. It operates through three divisions: Technology , Finance and Accounting (FA), and Government Solutions (GS). It has a 17.95 P/E ratio. The Tech segment provides temporary staffing and permanent placement services to its clients primarily in the areas of information technology, such as systems/applications architecture and development, project management, enterprise data management, business intelligence, e-commerce, technology infrastructure, network architecture, and security.

Kforce Inc. (NASDAQ:KFRC) Ratings Coverage

Among 6 analysts covering Kforce.com (NASDAQ:KFRC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Kforce.com had 9 analyst reports since November 4, 2015 according to SRatingsIntel. As per Friday, February 24, the company rating was downgraded by Credit Suisse. Deutsche Bank maintained the shares of KFRC in report on Wednesday, August 2 with “Hold” rating. The firm has “Mkt Perform” rating given on Monday, December 19 by Avondale. On Wednesday, October 11 the stock rating was downgraded by SunTrust to “Hold”. The company was upgraded on Monday, November 6 by Northcoast. Deutsche Bank initiated Kforce Inc. (NASDAQ:KFRC) on Thursday, August 18 with “Hold” rating. The stock of Kforce Inc. (NASDAQ:KFRC) has “Mkt Outperform” rating given on Wednesday, February 8 by Avondale. Robert W. Baird maintained the shares of KFRC in report on Monday, September 11 with “Buy” rating.

More notable recent Kforce Inc. (NASDAQ:KFRC) news were published by: Seekingalpha.com which released: “Kforce’s (KFRC) CEO David Dunkel on Q3 2017 Results – Earnings Call Transcript” on November 01, 2017, also Bizjournals.com with their article: “Kforce exec quits as golden parachute loses luster” published on April 06, 2017, Bizjournals.com published: “2017 Best Places to Work: Kforce Inc.” on June 28, 2017. More interesting news about Kforce Inc. (NASDAQ:KFRC) were released by: Bizjournals.com and their article: “Kforce demands ex-employee return trade secrets” published on November 07, 2017 as well as Nasdaq.com‘s news article titled: “Kforce, Inc. (KFRC) Ex-Dividend Date Scheduled for December 07, 2017” with publication date: December 06, 2017.

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