Kimball Electronics Q1 2018 Institutional Investor Sentiment Worse Than Expected

June 14, 2018 - By Ellis Scott

Kimball Electronics, Inc. (NASDAQ:KE) Logo

Sentiment for Kimball Electronics (NASDAQ:KE)

Kimball Electronics (NASDAQ:KE) institutional sentiment decreased to 0.78 in Q1 2018. Its down -0.39, from 1.17 in 2017Q4. The ratio worsened, as 45 investment managers started new or increased positions, while 58 sold and reduced their equity positions in Kimball Electronics. The investment managers in our partner’s database now hold: 14.78 million shares, up from 14.57 million shares in 2017Q4. Also, the number of investment managers holding Kimball Electronics in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 45 Increased: 28 New Position: 17.

Kimball Electronics, Inc., a contract electronic manufacturing services company, engages in producing durable electronics for the automotive, medical, industrial, and public safety markets primarily in the United States, China, Mexico, Poland, Romania, and Thailand. The company has market cap of $492.52 million. The Company’s engineering, manufacturing, and supply chain services include design services; rapid prototyping and new product introduction support; production and testing of printed circuit board assemblies; industrialization and automation of manufacturing processes; product design and process validation and qualification; reliability testing; assembly, production, and packaging of other related non-electronic products; supply chain services; and product life cycle management services. It has a 25.99 P/E ratio.

The stock decreased 0.27% or $0.05 during the last trading session, reaching $18.45. About 23,780 shares traded. Kimball Electronics, Inc. (NASDAQ:KE) has risen 6.41% since June 14, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Kestrel Investment Management Corp holds 1.02% of its portfolio in Kimball Electronics, Inc. for 166,700 shares. Bkd Wealth Advisors Llc owns 369,011 shares or 0.59% of their US portfolio. Moreover, Walthausen & Co. Llc has 0.46% invested in the company for 288,655 shares. The Ohio-based Bowling Portfolio Management Llc has invested 0.23% in the stock. Ancora Advisors Llc, a Us-based fund reported 298,333 shares.

More news for Kimball Electronics, Inc. (NASDAQ:KE) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Primo Water, Columbus McKinnon, Dominion Energy Midstream Partners, LP …” on May 29, 2018. Globenewswire.com‘s article titled: “Kimball Electronics Signs Agreement to Acquire Global Equipment Services (GES)” and published on May 17, 2018 is yet another important article.

Kimball Electronics, Inc. (NASDAQ:KE) Institutional Positions Chart

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