Jane Street Group LLC Sells 26,161 Shares of Kimball Electronics, Inc. (NASDAQ:KE)

Jane Street Group LLC lowered its position in shares of Kimball Electronics, Inc. (NASDAQ:KE) by 51.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,164 shares of the electronics maker’s stock after selling 26,161 shares during the period. Jane Street Group LLC owned about 0.10% of Kimball Electronics worth $466,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Kimball Electronics by 0.6% during 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 worth $1,768,000 after acquiring an additional 556 shares during the last quarter. Point72 DIFC Ltd bought a new stake in Kimball Electronics during the 3rd quarter worth $25,000. Gabelli Funds LLC grew its position in shares of Kimball Electronics by 4.6% in the 2nd 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. Principal Financial Group Inc. grew its position in shares of Kimball Electronics by 10.3% in the 2nd quarter. Principal Financial Group Inc. now owns 18,531 shares of the electronics maker’s stock valued at $407,000 after buying an additional 1,728 shares during the last quarter. Finally, Foundry Partners LLC grew its position in shares of Kimball Electronics by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker’s stock valued at $4,055,000 after buying an additional 2,100 shares during the last quarter. Institutional investors own 75.99% of the company’s stock.

Kimball Electronics Trading Up 0.9 %

NASDAQ KE opened at $18.77 on Tuesday. The business’s 50-day moving average price is $19.16 and its two-hundred day moving average price is $19.49. Kimball Electronics, Inc. has a 12 month low of $16.64 and a 12 month high of $25.71. The firm has a market capitalization of $463.26 million, a PE ratio of 36.80 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.

Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings data on Monday, November 4th. The electronics maker reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22. The company had revenue of $374.26 million for 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 previous year, the business earned $0.43 EPS. On average, analysts expect that Kimball Electronics, Inc. will post 0.96 EPS 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.