Dalton Greiner Hartman Maher & Co. Has $2.42 Million Position in Kimball International Inc (KBAL)
Dalton Greiner Hartman Maher & Co. boosted its stake in shares of Kimball International Inc (NASDAQ:KBAL) by 26.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 129,351 shares of the company’s stock after purchasing an additional 27,406 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in Kimball International were worth $2,415,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA lifted its position in Kimball International by 1,322.6% during the second quarter. BNP Paribas Arbitrage SA now owns 6,302 shares of the company’s stock valued at $105,000 after purchasing an additional 5,859 shares in the last quarter. Great West Life Assurance Co. Can purchased a new position in Kimball International during the second quarter valued at $119,000. Legal & General Group Plc lifted its position in Kimball International by 3.8% during the second quarter. Legal & General Group Plc now owns 10,060 shares of the company’s stock valued at $168,000 after purchasing an additional 366 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Kimball International by 17.6% in the second quarter. Victory Capital Management Inc. now owns 10,534 shares of the company’s stock valued at $176,000 after acquiring an additional 1,578 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Kimball International by 3.0% in the second quarter. Royal Bank of Canada now owns 11,236 shares of the company’s stock valued at $187,000 after acquiring an additional 332 shares in the last quarter. Institutional investors own 61.46% of the company’s stock.
Separately, BidaskClub upgraded Kimball International from a “hold” rating to a “buy” rating in a research report on Wednesday, December 27th.
Kimball International Inc (NASDAQ:KBAL) opened at $19.37 on Friday. Kimball International Inc has a 52-week low of $15.40 and a 52-week high of $20.97. The company has a market capitalization of $724.63, a PE ratio of 19.53 and a beta of 1.45.
Kimball International (NASDAQ:KBAL) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.29 EPS for the quarter. Kimball International had a return on equity of 21.84% and a net margin of 5.64%. The business had revenue of $169.52 million for the quarter.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 22nd were given a $0.07 dividend. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $0.28 annualized dividend and a dividend yield of 1.45%. Kimball International’s payout ratio is 28.28%.
About Kimball International
Kimball International, Inc creates design driven furnishings. The Company sells a portfolio of furniture products and services under three brands, which include Kimball Office, National Office Furniture, and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing, and hospitality environments.
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