Minerva Advisors LLC Has $4.56 Million Holdings in Kewaunee Scientific Corporation $KEQU

Minerva Advisors LLC increased its holdings in shares of Kewaunee Scientific Corporation (NASDAQ:KEQU) by 51.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,863 shares of the technology company’s stock after acquiring an additional 41,589 shares during the period. Kewaunee Scientific comprises approximately 3.0% of Minerva Advisors LLC’s holdings, making the stock its 12th largest holding. Minerva Advisors LLC’s holdings in Kewaunee Scientific were worth $4,559,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE grew its position in Kewaunee Scientific by 2,605.9% during the 4th quarter. Bank of America Corp DE now owns 460 shares of the technology company’s stock worth $28,000 after acquiring an additional 443 shares during the last quarter. US Bancorp DE grew its position in Kewaunee Scientific by 80.0% during the 3rd quarter. US Bancorp DE now owns 900 shares of the technology company’s stock worth $38,000 after acquiring an additional 400 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Kewaunee Scientific during the 3rd quarter worth approximately $38,000. Raymond James Financial Inc. bought a new stake in Kewaunee Scientific during the 2nd quarter worth approximately $60,000. Finally, Jane Street Group LLC grew its position in Kewaunee Scientific by 65.8% during the 1st quarter. Jane Street Group LLC now owns 8,052 shares of the technology company’s stock worth $317,000 after acquiring an additional 3,196 shares during the last quarter. 32.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Kewaunee Scientific in a research report on Thursday, April 2nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Kewaunee Scientific Price Performance

Shares of KEQU opened at $39.97 on Tuesday. The firm has a market capitalization of $114.71 million, a price-to-earnings ratio of 10.74 and a beta of 0.69. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.45 and a current ratio of 2.12. The business’s fifty day moving average price is $36.13 and its two-hundred day moving average price is $38.28. Kewaunee Scientific Corporation has a 52 week low of $33.70 and a 52 week high of $60.89.

About Kewaunee Scientific

Kewaunee Scientific Corporation (NASDAQ:KEQU) is a global designer and manufacturer of scientific laboratory furniture, casework, fume hoods, containment solutions and related equipment. With roots dating back more than a century, the company develops integrated lab environments for research facilities, universities, biopharma companies, healthcare providers and government laboratories. Its product portfolio encompasses modular and custom casework, workstations, shelving systems, steel and epoxy resin solutions, as well as advanced ventilation and water management systems.

The company operates primary manufacturing facilities in Fitchburg, Wisconsin, supported by regional distribution and service centers in North America, Europe and Asia.