Kimball Electronics, Inc. (NASDAQ:KE) Stock Position Lifted by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lifted its position in Kimball Electronics, Inc. (NASDAQ:KE) by 23.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,784 shares of the electronics maker’s stock after acquiring an additional 2,204 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Kimball Electronics were worth $318,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. First Financial Corp IN acquired a new stake in Kimball Electronics during the fourth quarter worth about $54,000. NBC Securities Inc. acquired a new stake in shares of Kimball Electronics during the 3rd quarter worth approximately $81,000. SG Americas Securities LLC bought a new stake in shares of Kimball Electronics in the 3rd quarter worth approximately $252,000. Quadrature Capital Ltd boosted its stake in Kimball Electronics by 13.2% during the 3rd quarter. Quadrature Capital Ltd now owns 9,900 shares of the electronics maker’s stock valued at $271,000 after purchasing an additional 1,157 shares during the period. Finally, Hsbc Holdings PLC bought a new stake in shares of Kimball Electronics during the third quarter valued at approximately $377,000. 75.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Kimball Electronics Stock Performance

Shares of Kimball Electronics stock opened at $20.82 on Friday. Kimball Electronics, Inc. has a 12 month low of $19.52 and a 12 month high of $31.43. The company has a quick ratio of 1.00, a current ratio of 1.97 and a debt-to-equity ratio of 0.43. The stock has a market cap of $517.79 million, a PE ratio of 9.59 and a beta of 1.31. The business has a fifty day simple moving average of $21.30 and a 200-day simple moving average of $23.66.

Kimball Electronics (NASDAQ:KE) last issued its earnings results on Monday, February 5th. The electronics maker reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.04). The business had revenue of $421.24 million during the quarter, compared to analyst estimates of $435.60 million. Kimball Electronics had a net margin of 2.97% and a return on equity of 10.37%. On average, sell-side analysts anticipate that Kimball Electronics, Inc. will post 1.6 EPS for the current fiscal year.

About Kimball Electronics

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.