O Shaughnessy Asset Management LLC Has $1.73 Million Holdings in Kewaunee Scientific Co. (NASDAQ:KEQU)

O Shaughnessy Asset Management LLC grew its holdings in shares of Kewaunee Scientific Co. (NASDAQ:KEQU) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,008 shares of the technology company’s stock after acquiring an additional 891 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Kewaunee Scientific were worth $1,733,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of KEQU. Minerva Advisors LLC increased its position in Kewaunee Scientific by 4.1% during the 4th quarter. Minerva Advisors LLC now owns 109,493 shares of the technology company’s stock worth $6,668,000 after purchasing an additional 4,311 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Kewaunee Scientific by 18.0% during the fourth quarter. American Century Companies Inc. now owns 34,293 shares of the technology company’s stock worth $2,122,000 after buying an additional 5,221 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Kewaunee Scientific by 8.9% during the third quarter. Geode Capital Management LLC now owns 23,784 shares of the technology company’s stock worth $792,000 after buying an additional 1,941 shares in the last quarter. Ritholtz Wealth Management lifted its stake in shares of Kewaunee Scientific by 15.6% in the 4th quarter. Ritholtz Wealth Management now owns 12,619 shares of the technology company’s stock valued at $781,000 after acquiring an additional 1,706 shares during the last quarter. Finally, Truffle Hound Capital LLC acquired a new stake in shares of Kewaunee Scientific during the 4th quarter valued at $619,000. Institutional investors and hedge funds own 32.69% of the company’s stock.

Kewaunee Scientific Stock Down 4.4 %

NASDAQ:KEQU opened at $35.67 on Friday. Kewaunee Scientific Co. has a one year low of $30.82 and a one year high of $71.33. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.64 and a quick ratio of 2.13. The company has a market cap of $101.84 million, a PE ratio of 5.65 and a beta of 0.71. The firm’s 50 day simple moving average is $53.41 and its 200 day simple moving average is $47.35.

Kewaunee Scientific (NASDAQ:KEQU) last issued its quarterly earnings results on Wednesday, March 12th. The technology company reported $1.09 EPS for the quarter. The company had revenue of $67.17 million for the quarter. Kewaunee Scientific had a net margin of 9.39% and a return on equity of 25.83%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Kewaunee Scientific from a “buy” rating to a “hold” rating in a research report on Friday, March 14th.

Insider Buying and Selling at Kewaunee Scientific

In related news, CEO Thomas David Hull III sold 1,368 shares of Kewaunee Scientific stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $60.08, for a total value of $82,189.44. Following the transaction, the chief executive officer now directly owns 41,129 shares of the company’s stock, valued at $2,471,030.32. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Donald T. Gardner III sold 3,000 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of $40.01, for a total transaction of $120,030.00. Following the sale, the chief financial officer now directly owns 18,358 shares of the company’s stock, valued at $734,503.58. This represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,838 shares of company stock worth $423,936. Insiders own 14.20% of the company’s stock.

Kewaunee Scientific Profile

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.