BlackRock Amends Kforce Stake: 17th Update on Common Stock Holdings

Ticker: KFRC · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**BlackRock updated its Kforce holdings, confirming continued institutional investment.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of Kforce Inc. Common Stock as of December 31, 2023. This amendment, the 17th for BlackRock regarding Kforce, updates their passive investment stake. For investors, this filing confirms that a major institutional investor like BlackRock continues to hold a position in Kforce, signaling ongoing institutional confidence in the company's stock.

Why It Matters

This filing shows that BlackRock, a major institutional investor, continues to hold Kforce stock, which can be a positive signal for other investors regarding the company's stability and long-term prospects.

Risk Assessment

Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any significant change in Kforce's operational or financial risk.

Analyst Insight

An investor should note that BlackRock's continued passive ownership suggests no immediate red flags, but this filing alone doesn't provide new bullish or bearish catalysts for Kforce Inc. stock.

Key Players & Entities

FAQ

What type of filing is this and who filed it?

This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It was filed by BlackRock Inc. regarding its holdings in Kforce Inc.

What is the CUSIP number for the securities mentioned in this filing?

The CUSIP number for the Common Stock of Kforce Inc. is 493732101, as stated in the filing.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, according to the filing.

How many amendments has BlackRock Inc. made to its Schedule 13G for Kforce Inc.?

This filing is Amendment No. 17, indicating BlackRock Inc. has made 17 amendments to its Schedule 13G for Kforce Inc.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box.

From the Filing

0001086364-24-003712.txt : 20240125 0001086364-24-003712.hdr.sgml : 20240125 20240125165924 ACCESSION NUMBER: 0001086364-24-003712 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KFORCE INC CENTRAL INDEX KEY: 0000930420 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 593264661 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47829 FILM NUMBER: 24562917 BUSINESS ADDRESS: STREET 1: 1150 ASSEMBLY DRIVE STREET 2: SUITE 500 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 8135525000 MAIL ADDRESS: STREET 1: 8405 BENJAMIN ROAD STREET 2: SUITE G CITY: TAMPA STATE: FL ZIP: 33634 FORMER COMPANY: FORMER CONFORMED NAME: KFORCE INC DATE OF NAME CHANGE: 20000517 FORMER COMPANY: FORMER CONFORMED NAME: ROMAC INTERNATIONAL INC DATE OF NAME CHANGE: 19950502 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us4937321010_012524.txt us4937321010_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17) KFORCE INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 493732101 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 493732101 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 1590448 (6) Shared voting power 0 (7) Sole dispositive power 1648879 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 1648879 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.3% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- KFORCE INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 8405 Benjamin Road, Suite G TAMPA FL 33634 Item 2. 2(a) Name of person filing: ------------

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