Kimball Electronics Inc (KE) Shares Bought by Royce & Associates LP

Royce & Associates LP lifted its holdings in Kimball Electronics Inc (NASDAQ:KE) by 21.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 480,136 shares of the electronics maker’s stock after buying an additional 84,411 shares during the period. Royce & Associates LP owned approximately 1.83% of Kimball Electronics worth $9,435,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. First Trust Advisors LP grew its position in Kimball Electronics by 18.0% in the second quarter. First Trust Advisors LP now owns 30,252 shares of the electronics maker’s stock valued at $554,000 after acquiring an additional 4,611 shares in the last quarter. Strs Ohio grew its position in Kimball Electronics by 9.9% in the second quarter. Strs Ohio now owns 40,100 shares of the electronics maker’s stock valued at $733,000 after acquiring an additional 3,600 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in Kimball Electronics by 16.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 136,813 shares of the electronics maker’s stock valued at $2,504,000 after acquiring an additional 18,836 shares in the last quarter. BlackRock Inc. grew its position in Kimball Electronics by 2.0% in the second quarter. BlackRock Inc. now owns 1,746,496 shares of the electronics maker’s stock valued at $31,962,000 after acquiring an additional 34,839 shares in the last quarter. Finally, Raymond James & Associates grew its position in Kimball Electronics by 16.1% in the second quarter. Raymond James & Associates now owns 37,429 shares of the electronics maker’s stock valued at $685,000 after acquiring an additional 5,183 shares in the last quarter. Hedge funds and other institutional investors own 61.08% of the company’s stock.

KE stock opened at $16.55 on Friday. Kimball Electronics Inc has a twelve month low of $15.75 and a twelve month high of $20.95. The company has a market cap of $443.67 million, a PE ratio of 14.43 and a beta of 1.02.

Several analysts have issued reports on the stock. BidaskClub raised shares of Kimball Electronics from a “hold” rating to a “buy” rating in a research report on Tuesday, November 27th. TheStreet downgraded shares of Kimball Electronics from a “b” rating to a “c+” rating in a research report on Wednesday, November 7th.

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Kimball Electronics 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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