Kimball Electronics Inc (NASDAQ:KE) Shares Bought by First Trust Advisors LP

First Trust Advisors LP lifted its position in Kimball Electronics Inc (NASDAQ:KE) by 19.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,781 shares of the electronics maker’s stock after acquiring an additional 8,755 shares during the quarter. First Trust Advisors LP’s holdings in Kimball Electronics were worth $795,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Kimball Electronics in the 2nd quarter worth approximately $231,000. Vanguard Group Inc. grew its position in shares of Kimball Electronics by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,293,619 shares of the electronics maker’s stock worth $21,008,000 after acquiring an additional 5,462 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Kimball Electronics by 6.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 770,244 shares of the electronics maker’s stock worth $11,181,000 after acquiring an additional 46,461 shares in the last quarter. Front Street Capital Management Inc. acquired a new position in shares of Kimball Electronics in the 2nd quarter worth approximately $552,000. Finally, Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Kimball Electronics by 26.0% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 75,200 shares of the electronics maker’s stock worth $1,221,000 after acquiring an additional 15,500 shares in the last quarter. Institutional investors own 61.34% of the company’s stock.

KE has been the subject of several research reports. TheStreet upgraded Kimball Electronics from a “c+” rating to a “b-” rating in a research report on Wednesday, November 6th. ValuEngine lowered Kimball Electronics from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, BidaskClub lowered Kimball Electronics from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st.

Shares of NASDAQ KE opened at $17.35 on Tuesday. The company has a market cap of $442.00 million, a price-to-earnings ratio of 13.81 and a beta of 1.13. Kimball Electronics Inc has a 12-month low of $12.48 and a 12-month high of $18.49. The company has a current ratio of 2.12, a quick ratio of 1.31 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $16.32 and its 200 day simple moving average is $15.30.

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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