Barclays PLC Acquires 32,271 Shares of Kimball Electronics, Inc. (NASDAQ:KE)

Barclays PLC boosted its holdings in Kimball Electronics, Inc. (NASDAQ:KE) by 96.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,749 shares of the electronics maker’s stock after purchasing an additional 32,271 shares during the quarter. Barclays PLC owned about 0.27% of Kimball Electronics worth $1,218,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC raised its holdings in Kimball Electronics by 66.1% in the second quarter. AQR Capital Management LLC now owns 235,844 shares of the electronics maker’s stock worth $5,184,000 after buying an additional 93,831 shares during the last quarter. Donald Smith & CO. Inc. raised its holdings in Kimball Electronics by 67.0% in the 2nd quarter. Donald Smith & CO. Inc. now owns 207,604 shares of the electronics maker’s stock worth $4,563,000 after acquiring an additional 83,317 shares during the last quarter. Grace & White Inc. NY lifted its position in Kimball Electronics by 38.5% in the 3rd quarter. Grace & White Inc. NY now owns 256,777 shares of the electronics maker’s stock valued at $4,753,000 after acquiring an additional 71,400 shares in the last quarter. American Century Companies Inc. boosted its stake in Kimball Electronics by 39.7% during the 2nd quarter. American Century Companies Inc. now owns 198,560 shares of the electronics maker’s stock valued at $4,364,000 after purchasing an additional 56,468 shares during the last quarter. Finally, US Bancorp DE boosted its stake in Kimball Electronics by 230.0% during the 3rd quarter. US Bancorp DE now owns 64,340 shares of the electronics maker’s stock valued at $1,191,000 after purchasing an additional 44,843 shares during the last quarter. Institutional investors own 75.99% of the company’s stock.

Kimball Electronics Trading Up 2.2 %

NASDAQ:KE opened at $18.51 on Tuesday. The company has a market cap of $456.85 million, a PE ratio of 36.29 and a beta of 1.25. The company has a current ratio of 2.28, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37. The company has a 50 day simple moving average of $19.19 and a two-hundred day simple moving average of $19.36. Kimball Electronics, Inc. has a 12 month low of $16.64 and a 12 month high of $25.22.

Kimball Electronics (NASDAQ:KE) last released its quarterly earnings results on Monday, November 4th. The electronics maker reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22. Kimball Electronics had a return on equity of 5.63% and a net margin of 0.78%. The business had revenue of $374.26 million during the quarter, compared to the consensus estimate of $376.70 million. During the same period in the previous year, the company posted $0.43 EPS. Research analysts forecast that Kimball Electronics, Inc. will post 0.96 earnings per share for the current year.

Kimball Electronics Profile

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.