Kimball Electronics, Inc. (KE) Stake Maintained by Bessemer Group Inc.
Bessemer Group Inc. continued to hold its position in shares of Kimball Electronics, Inc. (NASDAQ:KE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,200 shares of the electronics maker’s stock at the end of the second quarter. Bessemer Group Inc.’s holdings in Kimball Electronics were worth $852,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in KE. Nordea Investment Management AB boosted its position in shares of Kimball Electronics by 12.5% in the first quarter. Nordea Investment Management AB now owns 8,100 shares of the electronics maker’s stock valued at $137,000 after buying an additional 900 shares in the last quarter. Karp Capital Management Corp bought a new position in shares of Kimball Electronics during the first quarter valued at about $193,000. Algert Global LLC bought a new position in shares of Kimball Electronics during the first quarter valued at about $197,000. Highbridge Capital Management LLC bought a new position in shares of Kimball Electronics during the first quarter valued at about $204,000. Finally, Aperio Group LLC boosted its position in shares of Kimball Electronics by 21.1% in the second quarter. Aperio Group LLC now owns 13,795 shares of the electronics maker’s stock valued at $249,000 after buying an additional 2,399 shares in the last quarter. Institutional investors own 57.31% of the company’s stock.
Kimball Electronics, Inc. (NASDAQ:KE) opened at 19.00 on Wednesday. The company’s 50 day moving average is $18.86 and its 200 day moving average is $17.32. Kimball Electronics, Inc. has a 12 month low of $11.54 and a 12 month high of $20.30. The stock has a market cap of $512.18 million, a PE ratio of 15.32 and a beta of 0.97.
Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings data on Wednesday, August 2nd. The electronics maker reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. Kimball Electronics had a net margin of 3.67% and a return on equity of 9.32%. The company had revenue of $241.27 million during the quarter. On average, analysts anticipate that Kimball Electronics, Inc. will post $0.93 EPS for the current fiscal year.
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Separately, BidaskClub cut shares of Kimball Electronics from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 27th.
About Kimball Electronics
Kimball Electronics, Inc (Kimball Electronics) is an electronics manufacturing services (EMS) company. The Company is engaged in producing electronics for the automotive, medical, industrial and public safety markets. It provides design, engineering, manufacturing, packaging and distribution of electronic assemblies and circuit boards on a contract basis to a range of industries.
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