Dalton Greiner Hartman Maher & Co. lifted its position in shares of Kimball Electronics Inc (NASDAQ:KE) by 37.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 128,959 shares of the electronics maker’s stock after acquiring an additional 35,349 shares during the quarter. Dalton Greiner Hartman Maher & Co. owned 0.48% of Kimball Electronics worth $2,354,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Valeo Financial Advisors LLC acquired a new position in shares of Kimball Electronics during the third quarter worth about $3,750,000. Trust Investment Advisors acquired a new position in Kimball Electronics during the third quarter worth about $1,429,000. AJO LP acquired a new position in Kimball Electronics during the second quarter worth about $3,879,000. Russell Investments Group Ltd. grew its position in Kimball Electronics by 5.9% during the third quarter. Russell Investments Group Ltd. now owns 272,292 shares of the electronics maker’s stock worth $5,894,000 after buying an additional 15,176 shares during the period. Finally, LSV Asset Management grew its position in Kimball Electronics by 280.4% during the second quarter. LSV Asset Management now owns 491,983 shares of the electronics maker’s stock worth $8,880,000 after buying an additional 362,655 shares during the period. Institutional investors and hedge funds own 56.63% of the company’s stock.
Kimball Electronics Inc (KE) opened at $19.30 on Friday. Kimball Electronics Inc has a 1 year low of $15.05 and a 1 year high of $22.45. The firm has a market cap of $512.62, a PE ratio of 16.05 and a beta of 0.93.
Kimball Electronics (NASDAQ:KE) last issued its earnings results on Wednesday, November 1st. The electronics maker reported $0.31 earnings per share for the quarter. Kimball Electronics had a net margin of 3.40% and a return on equity of 9.63%. The company had revenue of $253.20 million for the quarter.
Several research analysts have weighed in on the stock. ValuEngine lowered shares of Kimball Electronics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub lowered shares of Kimball Electronics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 4th.
Kimball Electronics Profile
Kimball Electronics, Inc (Kimball Electronics) is an electronics manufacturing services (EMS) company. The Company is engaged in producing electronics for the automotive, medical, industrial and public safety markets. It provides design, engineering, manufacturing, packaging and distribution of electronic assemblies and circuit boards on a contract basis to a range of industries.
Receive News & Ratings for Kimball Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimball Electronics and related companies with MarketBeat.com's FREE daily email newsletter.