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

O Shaughnessy Asset Management LLC increased its stake in Kewaunee Scientific Co. (NASDAQ:KEQU) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,008 shares of the technology company’s stock after buying an additional 891 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.98% of Kewaunee Scientific worth $1,733,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its stake in shares of Kewaunee Scientific by 18.0% during the 4th quarter. American Century Companies Inc. now owns 34,293 shares of the technology company’s stock worth $2,122,000 after purchasing an additional 5,221 shares during the last quarter. Truffle Hound Capital LLC acquired a new stake in shares of Kewaunee Scientific in the fourth quarter valued at approximately $619,000. Morgan Dempsey Capital Management LLC acquired a new stake in shares of Kewaunee Scientific in the fourth quarter valued at approximately $106,000. Minerva Advisors LLC boosted its stake in shares of 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 acquiring an additional 4,311 shares during the period. Finally, IFP Advisors Inc acquired a new position in shares of Kewaunee Scientific in the fourth quarter valued at $36,000. 32.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

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

Kewaunee Scientific Price Performance

Kewaunee Scientific stock opened at $35.67 on Friday. The company has a market capitalization of $101.84 million, a price-to-earnings ratio of 5.65 and a beta of 0.71. The company has a current ratio of 2.64, a quick ratio of 2.13 and a debt-to-equity ratio of 0.45. Kewaunee Scientific Co. has a 12 month low of $30.82 and a 12 month high of $71.33. The stock’s 50 day moving average is $53.41 and its 200-day moving average is $47.35.

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

Kewaunee Scientific Company 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.