Kimball Electronics, Inc. (NASDAQ:KE) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in Kimball Electronics, Inc. (NASDAQ:KE) by 96.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,749 shares of the electronics maker’s stock after purchasing an additional 32,271 shares during the quarter. Barclays PLC’s holdings in Kimball Electronics were worth $1,218,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Kimball Electronics by 0.6% in the 3rd 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 acquiring an additional 556 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of Kimball Electronics during the third quarter worth about $25,000. Gabelli Funds LLC boosted its position in Kimball Electronics by 4.6% in the second quarter. Gabelli Funds LLC now owns 32,544 shares of the electronics maker’s stock valued at $715,000 after buying an additional 1,428 shares during the last quarter. Foundry Partners LLC increased its holdings in Kimball Electronics by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker’s stock worth $4,055,000 after buying an additional 2,100 shares during the period. Finally, Victory Capital Management Inc. raised its position in Kimball Electronics by 3.5% during the 3rd quarter. Victory Capital Management Inc. now owns 63,129 shares of the electronics maker’s stock worth $1,169,000 after buying an additional 2,145 shares during the last quarter. 75.99% of the stock is currently owned by hedge funds and other institutional investors.

Kimball Electronics Trading Up 2.2 %

Shares of Kimball Electronics stock opened at $18.51 on Tuesday. The stock has a market cap of $456.85 million, a PE ratio of 36.29 and a beta of 1.25. The firm has a fifty day moving average price of $19.19 and a 200 day moving average price of $19.36. Kimball Electronics, Inc. has a 1 year low of $16.64 and a 1 year high of $25.22. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.28 and a quick ratio of 1.30.

Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings results on Monday, November 4th. The electronics maker reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The company 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 last year, the business earned $0.43 earnings per share. Equities research analysts predict that Kimball Electronics, Inc. will post 0.96 earnings per share for the current year.

About Kimball Electronics

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.