Algert Global LLC lessened its position in Kimball Electronics Inc (NASDAQ:KE) by 5.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 202,035 shares of the electronics maker’s stock after selling 12,306 shares during the quarter. Kimball Electronics comprises about 0.9% of Algert Global LLC’s investment portfolio, making the stock its 14th biggest position. Algert Global LLC owned about 0.77% of Kimball Electronics worth $3,970,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in KE. Walthausen & Co. LLC acquired a new stake in Kimball Electronics in the 3rd quarter worth $6,098,000. Royce & Associates LP grew its position in Kimball Electronics by 21.3% in the 3rd quarter. Royce & Associates LP now owns 480,136 shares of the electronics maker’s stock worth $9,435,000 after purchasing an additional 84,411 shares during the last quarter. Hodges Capital Management Inc. acquired a new stake in Kimball Electronics in the 3rd quarter worth $1,090,000. GSA Capital Partners LLP acquired a new stake in Kimball Electronics in the 3rd quarter worth $1,072,000. Finally, Renaissance Technologies LLC grew its position in Kimball Electronics by 13.3% in the 3rd quarter. Renaissance Technologies LLC now owns 362,775 shares of the electronics maker’s stock worth $7,129,000 after purchasing an additional 42,500 shares during the last quarter. Hedge funds and other institutional investors own 61.08% of the company’s stock.

Shares of Kimball Electronics stock opened at $17.00 on Thursday. Kimball Electronics Inc has a twelve month low of $15.75 and a twelve month high of $21.08. The stock has a market cap of $463.65 million, a PE ratio of 15.26 and a beta of 1.02.

Several analysts have issued reports on KE shares. BidaskClub upgraded shares of Kimball Electronics from a “hold” rating to a “buy” rating in a research report on Wednesday, November 7th. TheStreet lowered shares of Kimball Electronics from a “b” rating to a “c+” rating in a research report on Wednesday, November 7th.

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Kimball Electronics Company Profile

Kimball Electronics, Inc, a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services.

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Institutional Ownership by Quarter for Kimball Electronics (NASDAQ:KE)

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