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

September 17, 2017 - By Darrin Black

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.08, from 1.16 in 2016Q3. It increased, 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.
Old Natl Financial Bank In invested 0.01% of its portfolio in Kimball Electronics Inc (NASDAQ:KE). Martingale Asset Management Lp holds 0.03% in Kimball Electronics Inc (NASDAQ:KE) or 109,712 shares. Blackrock Inv Ltd, a New Jersey-based fund reported 117,554 shares. Pinnacle Limited Liability Corp has 0% invested in Kimball Electronics Inc (NASDAQ:KE). Manufacturers Life Ins The, Ontario – Canada-based fund reported 19,290 shares. 198,961 were accumulated by Retail Bank Of New York Mellon Corporation. Nordea Mngmt Ab has invested 0% of its portfolio in Kimball Electronics Inc (NASDAQ:KE). National Bank & Trust Of Montreal Can holds 0% or 2,250 shares. Invesco Ltd reported 0% stake. Wells Fargo Mn holds 0% or 119,774 shares. Goldman Sachs Gp, a New York-based fund reported 163,644 shares. 15,668 were accumulated by Blackrock Advsrs Ltd Com. Susquehanna Group Ltd Liability Partnership, a Pennsylvania-based fund reported 47,442 shares. Royal Fincl Bank Of Canada holds 0% or 28,053 shares in its portfolio. Bridgeway Mngmt invested 0.03% 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: Globenewswire.com which released: “Kimball Electronics, Inc. Announces Resignation of Director Christopher B. Curtis” on September 12, 2016, also Seekingalpha.com with their article: “Kimball Electronics’ (KE) CEO Donald Charron on Q3 2017 Results – Earnings …” published on May 02, 2017, Nasdaq.com published: “Kimball Electronics Inc (KE) Files 10-K for the Fiscal Year Ended on June 30, 2017” on August 30, 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 Seekingalpha.com‘s news article titled: “Kimball Electronics’ (KE) CEO Donald Charron on Q2 2017 Results – Earnings …” with publication date: February 02, 2017.

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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