Public Employees Retirement System of Ohio Has $453,000 Holdings in Kimball International, Inc. (KBAL)
Public Employees Retirement System of Ohio raised its stake in Kimball International, Inc. (NASDAQ:KBAL) by 3.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,144 shares of the company’s stock after acquiring an additional 901 shares during the period. Public Employees Retirement System of Ohio owned about 0.07% of Kimball International worth $453,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the business. Susquehanna International Group LLP bought a new stake in Kimball International in the second quarter valued at $889,000. Walthausen & Co. LLC grew its position in Kimball International by 92.4% in the second quarter. Walthausen & Co. LLC now owns 458,953 shares of the company’s stock valued at $7,660,000 after acquiring an additional 220,460 shares during the period. The Manufacturers Life Insurance Company grew its position in Kimball International by 3.1% in the second quarter. The Manufacturers Life Insurance Company now owns 30,133 shares of the company’s stock valued at $503,000 after acquiring an additional 900 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Kimball International by 21.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 331,072 shares of the company’s stock valued at $5,526,000 after acquiring an additional 59,200 shares during the period. Finally, State Street Corp grew its position in Kimball International by 4.1% in the second quarter. State Street Corp now owns 758,120 shares of the company’s stock valued at $12,655,000 after acquiring an additional 29,509 shares during the period. Hedge funds and other institutional investors own 61.61% of the company’s stock.
Shares of Kimball International, Inc. (NASDAQ KBAL) opened at $17.64 on Tuesday. The company has a market capitalization of $689.41, a price-to-earnings ratio of 18.59 and a beta of 1.49. Kimball International, Inc. has a 1-year low of $13.60 and a 1-year high of $20.97.
Kimball International (NASDAQ:KBAL) last announced its earnings results on Wednesday, November 1st. The company reported $0.29 EPS for the quarter. The company had revenue of $169.52 million for the quarter. Kimball International had a return on equity of 21.84% and a net margin of 5.64%.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 22nd will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Thursday, December 21st. Kimball International’s payout ratio is presently 28.28%.
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Separately, BidaskClub cut Kimball International from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st.
Kimball International Company Profile
Kimball International, Inc creates design driven furnishings. The Company sells a portfolio of furniture products and services under three brands, which include Kimball Office, National Office Furniture, and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing, and hospitality environments.
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