UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 556 Shares of Kimball Electronics, Inc. (NASDAQ:KE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Kimball Electronics, Inc. (NASDAQ:KE) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,526 shares of the electronics maker’s stock after buying an additional 556 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Kimball Electronics were worth $1,768,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of KE. Assenagon Asset Management S.A. raised its holdings in shares of Kimball Electronics by 11.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 303,629 shares of the electronics maker’s stock worth $5,620,000 after acquiring an additional 29,993 shares during the last quarter. Grace & White Inc. NY raised its stake in shares of Kimball Electronics by 38.5% in the third quarter. Grace & White Inc. NY now owns 256,777 shares of the electronics maker’s stock worth $4,753,000 after purchasing an additional 71,400 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Kimball Electronics by 66.1% in the second quarter. AQR Capital Management LLC now owns 235,844 shares of the electronics maker’s stock valued at $5,184,000 after purchasing an additional 93,831 shares in the last quarter. Foundry Partners LLC grew its holdings in Kimball Electronics by 1.0% during the third quarter. Foundry Partners LLC now owns 219,055 shares of the electronics maker’s stock worth $4,055,000 after buying an additional 2,100 shares in the last quarter. Finally, Donald Smith & CO. Inc. raised its position in Kimball Electronics by 67.0% in the 2nd quarter. Donald Smith & CO. Inc. now owns 207,604 shares of the electronics maker’s stock valued at $4,563,000 after buying an additional 83,317 shares during the last quarter. 75.99% of the stock is currently owned by institutional investors.

Kimball Electronics Price Performance

Shares of NASDAQ:KE opened at $18.62 on Tuesday. Kimball Electronics, Inc. has a 1-year low of $16.64 and a 1-year high of $27.73. The company has a current ratio of 2.28, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37. The stock has a market cap of $459.56 million, a PE ratio of 36.51 and a beta of 1.25. The stock’s fifty day simple moving average is $18.93 and its two-hundred day simple moving average is $19.84.

Kimball Electronics (NASDAQ:KE) last posted its earnings results on Monday, November 4th. The electronics maker reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $374.26 million for the quarter, compared to analysts’ expectations of $376.70 million. Kimball Electronics had a net margin of 0.78% and a return on equity of 5.63%. During the same quarter last year, the firm earned $0.43 EPS. As a group, analysts forecast that Kimball Electronics, Inc. will post 0.96 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, and industrial end markets. The Company also offers contract manufacturing services, including engineering and supply chain support for the production of electronic assemblies and other products, including non-electronic components, medical devices, medical disposables, and precision molded plastics, as well as automation, test, and inspection equipment primarily used in automotive, medical, and industrial applications.