Kimball Electronics, Inc. (NASDAQ:KE) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. cut its holdings in Kimball Electronics, Inc. (NASDAQ:KE) by 17.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 249,805 shares of the electronics maker’s stock after selling 53,824 shares during the period. Assenagon Asset Management S.A. owned about 1.01% of Kimball Electronics worth $4,679,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of Kimball Electronics by 34.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 46,764 shares of the electronics maker’s stock valued at $866,000 after purchasing an additional 11,935 shares during the last quarter. Barclays PLC lifted its holdings in shares of Kimball Electronics by 96.4% in the 3rd quarter. Barclays PLC now owns 65,749 shares of the electronics maker’s stock valued at $1,218,000 after purchasing an additional 32,271 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kimball Electronics by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 577,229 shares of the electronics maker’s stock valued at $10,686,000 after purchasing an additional 4,044 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Kimball Electronics in the 3rd quarter valued at about $220,000. Finally, State Street Corp lifted its holdings in shares of Kimball Electronics by 1.4% in the 3rd quarter. State Street Corp now owns 565,069 shares of the electronics maker’s stock valued at $10,459,000 after purchasing an additional 7,864 shares during the last quarter. 75.99% of the stock is currently owned by institutional investors and hedge funds.

Kimball Electronics Stock Up 0.6 %

Kimball Electronics stock opened at $19.17 on Tuesday. Kimball Electronics, Inc. has a fifty-two week low of $16.64 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.28. The company has a market capitalization of $473.12 million, a P/E ratio of 37.59 and a beta of 1.25. The stock has a 50-day simple moving average of $19.06 and a 200-day simple moving average of $19.28.

Kimball Electronics (NASDAQ:KE) last posted its quarterly earnings data on Monday, November 4th. The electronics maker reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The firm had revenue of $374.26 million during the quarter, compared to the consensus estimate 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. Equities research analysts expect that Kimball Electronics, Inc. will post 0.96 earnings per share for the current year.

Kimball Electronics Company 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.