Kimball International Inc (KBAL) Stake Lowered by Two Sigma Investments LP

Two Sigma Investments LP lessened its position in Kimball International Inc (NASDAQ:KBAL) by 65.3% during the 4th quarter, HoldingsChannel reports. The firm owned 18,100 shares of the company’s stock after selling 34,011 shares during the quarter. Two Sigma Investments LP’s holdings in Kimball International were worth $257,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Renaissance Technologies LLC raised its holdings in shares of Kimball International by 6.9% in the third quarter. Renaissance Technologies LLC now owns 2,455,779 shares of the company’s stock valued at $41,134,000 after buying an additional 158,439 shares during the last quarter. Alambic Investment Management L.P. raised its holdings in shares of Kimball International by 91.1% in the fourth quarter. Alambic Investment Management L.P. now owns 89,912 shares of the company’s stock valued at $1,276,000 after buying an additional 42,853 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Kimball International by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 711,483 shares of the company’s stock valued at $10,095,000 after buying an additional 23,227 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Kimball International by 15.7% in the fourth quarter. California Public Employees Retirement System now owns 164,589 shares of the company’s stock valued at $2,336,000 after buying an additional 22,361 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Kimball International by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 2,154,813 shares of the company’s stock valued at $36,093,000 after buying an additional 20,025 shares during the last quarter. Institutional investors own 63.19% of the company’s stock.

Kimball International stock opened at $14.67 on Monday. Kimball International Inc has a 12-month low of $13.49 and a 12-month high of $18.14. The stock has a market capitalization of $535.61 million, a P/E ratio of 14.45 and a beta of 0.90.



Kimball International (NASDAQ:KBAL) last released its quarterly earnings results on Monday, February 4th. The company reported $0.26 earnings per share (EPS) for the quarter. Kimball International had a return on equity of 19.31% and a net margin of 4.93%. The business had revenue of $201.01 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, March 25th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 22nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.18%.

Separately, BidaskClub cut Kimball International from a “hold” rating to a “sell” rating in a report on Friday, March 22nd.

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Kimball International Profile

Kimball International, Inc designs, manufactures, and sells furniture products under the Kimball, National, and Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments.

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Institutional Ownership by Quarter for Kimball International (NASDAQ:KBAL)

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