Barclays PLC grew its stake in Kimball Electronics, Inc. (NASDAQ:KE - Free Report) by 96.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,749 shares of the electronics maker's stock after acquiring an additional 32,271 shares during the period. Barclays PLC owned 0.27% of Kimball Electronics worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Kimball Electronics by 0.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 95,526 shares of the electronics maker's stock valued at $1,768,000 after buying an additional 556 shares during the period. Point72 DIFC Ltd acquired a new position in shares of Kimball Electronics in the 3rd quarter valued at $25,000. Gabelli Funds LLC boosted its position in shares of Kimball Electronics by 4.6% in the 2nd quarter. Gabelli Funds LLC now owns 32,544 shares of the electronics maker's stock worth $715,000 after purchasing an additional 1,428 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Kimball Electronics by 10.3% during the second quarter. Principal Financial Group Inc. now owns 18,531 shares of the electronics maker's stock worth $407,000 after purchasing an additional 1,728 shares during the period. Finally, Foundry Partners LLC grew its stake in shares of Kimball Electronics by 1.0% during the third quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker's stock worth $4,055,000 after purchasing an additional 2,100 shares during the period. Institutional investors and hedge funds own 75.99% of the company's stock.
Kimball Electronics Trading Down 1.3 %
NASDAQ:KE traded down $0.24 during trading hours on Monday, hitting $18.58. The stock had a trading volume of 63,877 shares, compared to its average volume of 116,480. The business's 50 day moving average is $19.09 and its 200-day moving average is $19.59. The company has a market cap of $458.57 million, a price-to-earnings ratio of 36.43 and a beta of 1.25. Kimball Electronics, Inc. has a one year low of $16.64 and a one year high of $26.82. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.28.
Kimball Electronics (NASDAQ:KE - Get Free Report) last posted its earnings results on Monday, November 4th. The electronics maker reported $0.22 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.22. The business had revenue of $374.26 million during the quarter, compared to analysts' expectations of $376.70 million. Kimball Electronics had a return on equity of 5.63% and a net margin of 0.78%. During the same period in the prior year, the business earned $0.43 EPS. Sell-side analysts anticipate that Kimball Electronics, Inc. will post 0.96 EPS for the current fiscal year.
Kimball Electronics Company Profile
(
Free Report)
Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, and industrial end markets. The Company also offers contract manufacturing services, including engineering and supply chain support for the production of electronic assemblies and other products, including non-electronic components, medical devices, medical disposables, and precision molded plastics, as well as automation, test, and inspection equipment primarily used in automotive, medical, and industrial applications.
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