State Street Corp Buys 7,864 Shares of Kimball Electronics, Inc. (NASDAQ:KE)

State Street Corp increased its holdings in shares of Kimball Electronics, Inc. (NASDAQ:KE) by 1.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 565,069 shares of the electronics maker’s stock after purchasing an additional 7,864 shares during the period. State Street Corp owned approximately 2.29% of Kimball Electronics worth $10,459,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of KE. Point72 DIFC Ltd bought a new position in shares of Kimball Electronics in the third quarter valued at approximately $25,000. nVerses Capital LLC purchased a new stake in shares of Kimball Electronics in the 3rd quarter valued at about $48,000. Quest Partners LLC bought a new position in Kimball Electronics in the third quarter valued at $61,000. SG Americas Securities LLC grew its holdings in shares of Kimball Electronics by 78.5% during the 3rd quarter. SG Americas Securities LLC now owns 8,755 shares of the electronics maker’s stock valued at $162,000 after purchasing an additional 3,849 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in Kimball Electronics by 995.9% in the 3rd quarter. Quantbot Technologies LP now owns 9,019 shares of the electronics maker’s stock worth $167,000 after purchasing an additional 8,196 shares during the period. 75.99% of the stock is currently owned by institutional investors and hedge funds.

Kimball Electronics Stock Up 1.3 %

NASDAQ:KE opened at $19.29 on Friday. Kimball Electronics, Inc. has a 1-year low of $16.64 and a 1-year high of $27.46. The company has a market capitalization of $476.08 million, a PE ratio of 37.82 and a beta of 1.25. The firm’s 50-day moving average price is $19.07 and its 200-day moving average price is $19.68. 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 released its quarterly earnings results on Monday, November 4th. The electronics maker reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $374.26 million for the quarter, compared to the consensus estimate of $376.70 million. Kimball Electronics had a net margin of 0.78% and a return on equity of 5.63%. During the same period last year, the firm earned $0.43 earnings per share. On average, equities analysts predict that Kimball Electronics, Inc. will post 0.96 EPS for the current fiscal 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.