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Copeland Capital Management LLC Sells 31,401 Shares of Kforce Inc. $KFRC
Copeland Capital Management LLC reduced its stake in Kforce Inc. (NASDAQ:KFRC) by 6.7% in the fourth quarter, selling 31,401 shares and retaining 439,811 shares valued at $13.6 million. Despite Kforce missing Q4 EPS targets and a 3.4% year-over-year revenue decline, the company raised its quarterly dividend to $0.40, resulting in a 5.0% yield. Analysts currently hold a “Hold” rating on the stock with an average target price of $38.50.