What’s Next for Kimball Electronics Inc (KE) After Today’s Huge Increase?

September 17, 2017 - By reb123z

Investors sentiment increased to 1.24 in Q4 2016. Its up 0.08, from 1.16 in 2016Q3. It is positive, as 9 investors sold Kimball Electronics Inc shares while 37 reduced holdings. 25 funds opened positions while 32 raised stakes. 14.21 million shares or 2.33% less from 14.54 million shares in 2016Q3 were reported.
Envestnet Asset Mngmt Inc invested in 0% or 481 shares. Alliancebernstein L P holds 0% or 13,584 shares. The California-based Globeflex Capital L P has invested 0.14% in Kimball Electronics Inc (NASDAQ:KE). Federated Invsts Incorporated Pa has 651 shares for 0% of their portfolio. California Public Employees Retirement System reported 61,400 shares or 0% of all its holdings. Deutsche Bank & Trust Ag holds 0% or 17,193 shares in its portfolio. New Jersey-based Bessemer Group Incorporated has invested 0% in Kimball Electronics Inc (NASDAQ:KE). Strs Ohio holds 0% or 15,800 shares. Ancora Advisors Limited Liability Corp holds 0.35% of its portfolio in Kimball Electronics Inc (NASDAQ:KE) for 264,621 shares. 32,877 were accumulated by Millennium Mngmt Ltd Co. Price T Rowe Assoc Md, Maryland-based fund reported 20,269 shares. Tiaa Cref Investment Ltd holds 112,531 shares. Prelude Mgmt holds 2,577 shares or 0.01% of its portfolio. Invesco Limited owns 40,953 shares for 0% of their portfolio. Oxford Asset Mngmt invested 0.12% in Kimball Electronics Inc (NASDAQ:KE).

The stock of Kimball Electronics Inc (NASDAQ:KE) is a huge mover today! The stock increased 4.98% or $1 on September 15, reaching $21.1. About 256,280 shares traded or 398.72% up from the average. Kimball Electronics Inc (NASDAQ:KE) has risen 57.46% since September 17, 2016 and is uptrending. It has outperformed by 40.76% the S&P500.
The move comes after 6 months positive chart setup for the $565.79 million company. It was reported on Sep, 17 by Barchart.com. We have $22.58 PT which if reached, will make NASDAQ:KE worth $39.61M more.

More notable recent Kimball Electronics Inc (NASDAQ:KE) news were published by: Seekingalpha.com which released: “Kimball Electronics: Under The Radar Spin-Off Starts To Deliver, Investors …” on January 23, 2017, also Globenewswire.com with their article: “Kimball Electronics, Inc. Announces Resignation of Director Christopher B. Curtis” published on September 12, 2016, Seekingalpha.com published: “Kimball Electronics’ (KE) CEO Donald Charron on Q2 2017 Results – Earnings …” on February 02, 2017. More interesting news about Kimball Electronics Inc (NASDAQ:KE) were released by: Plasticsnews.com and their article: “Kimball Electronics buys injection molding assets” published on July 21, 2016 as well as Globenewswire.com‘s news article titled: “Kimball Electronics, Inc. Reports Fourth Quarter and Fiscal Year 2016 Results” with publication date: August 03, 2016.

Kimball Electronics, Inc. is an electronics manufacturing services (EMS) company. The company has market cap of $565.79 million. The Firm is engaged in producing electronics for the automotive, medical, industrial and public safety markets. It has a 17.02 P/E ratio. It provides design, engineering, manufacturing, packaging and distribution of electronic assemblies and circuit boards on a contract basis to a range of industries.

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