2 weeks Ago By ABMN Staff
Federated Hermes Inc. raised its position in shares of Kelly Services, Inc. ( NASDAQ:KELYA – Free Report ) by 9.
6% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,240 shares of the business services provider’s stock after buying an additional 1,076 shares during the quarter.
Federated Hermes Inc.’s holdings in Kelly Services were worth $171,000 at the end of the most recent quarter. Other large investors also recently modified their holdings of the company.
HighTower Advisors LLC acquired a new position in shares of Kelly Services during the 3rd quarter valued at $213,000. State Street Corp raised its position in Kelly Services by 1.4% in the third quarter.
State Street Corp now owns 1,253,704 shares of the business services provider’s stock valued at $26,842,000 after purchasing an additional 17,579 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Kelly Services by 8.9% during the third quarter.
Public Employees Retirement System of Ohio now owns 29,723 shares of the business services provider’s stock worth $636,000 after purchasing an additional 2,427 shares in the last quarter. Barclays PLC boosted its position in shares of Kelly Services by 238.0% in the third quarter.
Barclays PLC now owns 63,638 shares of the business services provider’s stock worth $1,362,000 after buying an additional 44,811 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Kelly Services by 1.2% in the third quarter.
Geode Capital Management LLC now owns 781,661 shares of the business services provider’s stock valued at $16,739,000 after buying an additional 9,635 shares in the last quarter. 76.34% of the stock is currently owned by hedge funds and other institutional investors.
Kelly Services Stock Performance Kelly Services stock opened at $11.18 on Friday. Kelly Services, Inc.
has a 12-month low of $11.00 and a 12-month high of $24.25.
The company has a debt-to-equity ratio of 0.19, a current ratio of 1.65 and a quick ratio of 1.
65. The company has a market capitalization of $390.05 million, a price-to-earnings ratio of -186.
30, a price-to-earnings-growth ratio of 0.43 and a beta of 1.03.
The firm’s fifty day moving average price is $12.97 and its 200 day moving average price is $14.90.
Kelly Services Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were given a dividend of $0.075 per share.
This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.68%.
The ex-dividend date was Wednesday, February 26th. Kelly Services’s payout ratio is currently -500.00%.
Analyst Upgrades and Downgrades Separately, Barrington Research restated an “outperform” rating and issued a $25.00 price target on shares of Kelly Services in a report on Tuesday, February 18th. View Our Latest Analysis on Kelly Services About Kelly Services ( Free Report ) Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries.
The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions. Recommended Stories Want to see what other hedge funds are holding KELYA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Kelly Services, Inc. ( NASDAQ:KELYA – Free Report ). Receive News & Ratings for Kelly Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelly Services and related companies with MarketBeat.
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