Teton Advisors Inc. Has $916,000 Stake in Kimball Electronics, Inc. (NASDAQ:KE)

Teton Advisors Inc. decreased its stake in shares of Kimball Electronics, Inc. (NASDAQ:KE) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,000 shares of the electronics maker’s stock after selling 1,400 shares during the quarter. Teton Advisors Inc. owned about 0.14% of Kimball Electronics worth $916,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Kimball Electronics by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 1,205,259 shares of the electronics maker’s stock worth $33,000,000 after buying an additional 12,776 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Kimball Electronics by 272.5% in the 4th quarter. Larson Financial Group LLC now owns 404,571 shares of the electronics maker’s stock worth $10,903,000 after purchasing an additional 295,951 shares in the last quarter. Pacific Ridge Capital Partners LLC lifted its holdings in shares of Kimball Electronics by 5.5% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 368,343 shares of the electronics maker’s stock worth $9,927,000 after purchasing an additional 19,234 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Kimball Electronics by 0.9% in the 4th quarter. Wells Fargo & Company MN now owns 352,951 shares of the electronics maker’s stock worth $9,512,000 after purchasing an additional 3,237 shares in the last quarter. Finally, Sapient Capital LLC bought a new position in shares of Kimball Electronics in the 4th quarter worth $8,761,000. Institutional investors and hedge funds own 75.99% of the company’s stock.

Kimball Electronics Stock Performance

Shares of Kimball Electronics stock traded up $0.72 during trading hours on Thursday, hitting $21.71. 83,077 shares of the company’s stock traded hands, compared to its average volume of 120,012. The company has a fifty day simple moving average of $21.26 and a 200-day simple moving average of $23.51. Kimball Electronics, Inc. has a 12-month low of $19.69 and a 12-month high of $31.43. The stock has a market capitalization of $539.93 million, a price-to-earnings ratio of 10.00 and a beta of 1.31. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.97 and a quick ratio of 1.00.

Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings data on Monday, February 5th. The electronics maker reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.04). Kimball Electronics had a return on equity of 10.37% and a net margin of 2.97%. The firm had revenue of $421.24 million during the quarter, compared to analysts’ expectations of $435.60 million. Equities research analysts anticipate that Kimball Electronics, Inc. will post 1.6 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KE. B. Riley cut their target price on Kimball Electronics from $39.00 to $34.00 and set a “buy” rating on the stock in a report on Wednesday, February 7th. Cantor Fitzgerald dropped their price objective on Kimball Electronics from $33.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 7th.

Kimball Electronics Profile

Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, industrial, and public safety end markets. It provides electronics manufacturing services, including engineering and supply chain support, to customers in the automotive, medical, and industrial end market verticals.