Dimensional Fund Advisors LP boosted its position in shares of Kewaunee Scientific Co. (NASDAQ:KEQU – Free Report) by 3.6% in the second quarter, HoldingsChannel.com reports. The fund owned 177,548 shares of the technology company’s stock after acquiring an additional 6,132 shares during the quarter. Dimensional Fund Advisors LP owned about 0.06% of Kewaunee Scientific worth $8,378,000 as of its most recent filing with the SEC.
Separately, Ritholtz Wealth Management acquired a new stake in Kewaunee Scientific during the 2nd quarter worth about $413,000. 32.69% of the stock is owned by hedge funds and other institutional investors.
Kewaunee Scientific Stock Performance
NASDAQ KEQU opened at $31.18 on Tuesday. The stock has a 50-day simple moving average of $44.73 and a two-hundred day simple moving average of $41.75. The firm has a market capitalization of $88.55 million, a P/E ratio of 4.91 and a beta of 0.72. Kewaunee Scientific Co. has a fifty-two week low of $16.51 and a fifty-two week high of $55.62. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.00 and a current ratio of 2.53.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Kewaunee Scientific from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 28th.
Check Out Our Latest Stock Report on KEQU
Kewaunee Scientific Company Profile
Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.
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