Kimball Electronics Inc (NASDAQ:KE) Stock Position Increased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC raised its position in shares of Kimball Electronics Inc (NASDAQ:KE) by 6.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 316,736 shares of the electronics maker’s stock after purchasing an additional 18,384 shares during the period. Valeo Financial Advisors LLC’s holdings in Kimball Electronics were worth $5,559,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of KE. First Trust Advisors LP grew its stake in shares of Kimball Electronics by 19.0% in the third quarter. First Trust Advisors LP now owns 54,781 shares of the electronics maker’s stock worth $795,000 after purchasing an additional 8,755 shares in the last quarter. Millennium Management LLC raised its stake in shares of Kimball Electronics by 16.8% during the third quarter. Millennium Management LLC now owns 59,065 shares of the electronics maker’s stock valued at $857,000 after purchasing an additional 8,504 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Kimball Electronics by 6.4% during the third quarter. Russell Investments Group Ltd. now owns 770,244 shares of the electronics maker’s stock valued at $11,181,000 after purchasing an additional 46,461 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Kimball Electronics by 0.4% in the second quarter. Vanguard Group Inc. now owns 1,293,619 shares of the electronics maker’s stock worth $21,008,000 after purchasing an additional 5,462 shares during the period. Finally, Squarepoint Ops LLC lifted its holdings in Kimball Electronics by 48.1% in the third quarter. Squarepoint Ops LLC now owns 29,824 shares of the electronics maker’s stock worth $433,000 after purchasing an additional 9,685 shares during the period. 61.29% of the stock is owned by hedge funds and other institutional investors.

Several research firms have commented on KE. TheStreet raised shares of Kimball Electronics from a “c+” rating to a “b-” rating in a research note on Wednesday, November 6th. ValuEngine downgraded shares of Kimball Electronics from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, BidaskClub lowered shares of Kimball Electronics from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th.

Shares of NASDAQ KE traded up $0.01 during mid-day trading on Friday, reaching $17.26. 1,957 shares of the company traded hands, compared to its average volume of 41,691. Kimball Electronics Inc has a fifty-two week low of $12.48 and a fifty-two week high of $18.49. The firm has a market cap of $428.64 million, a PE ratio of 13.43 and a beta of 1.14. The stock has a fifty day simple moving average of $17.57 and a 200-day simple moving average of $15.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.12 and a quick ratio of 1.31.

Kimball Electronics (NASDAQ:KE) last released its earnings results on Tuesday, November 5th. The electronics maker reported $0.26 earnings per share for the quarter. The firm had revenue of $313.39 million during the quarter. Kimball Electronics had a return on equity of 9.01% and a net margin of 2.69%.

Kimball Electronics Profile

Kimball Electronics, Inc, a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services.

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Institutional Ownership by Quarter for Kimball Electronics (NASDAQ:KE)

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