Kewaunee Scientific Corporation (KEQU) Director Donald F. Shaw Buys 1,000 Shares
Kewaunee Scientific Corporation (NASDAQ:KEQU) Director Donald F. Shaw bought 1,000 shares of Kewaunee Scientific Corporation stock in a transaction dated Monday, September 11th. The stock was acquired at an average price of $27.75 per share, with a total value of $27,750.00. Following the acquisition, the director now directly owns 21,000 shares of the company’s stock, valued at $582,750. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Kewaunee Scientific Corporation (NASDAQ:KEQU) traded up 0.54% during mid-day trading on Tuesday, hitting $27.80. The stock had a trading volume of 6,970 shares. The company has a market cap of $75.37 million, a P/E ratio of 17.36 and a beta of 0.08. Kewaunee Scientific Corporation has a 1-year low of $20.95 and a 1-year high of $27.90. The company has a 50-day moving average price of $25.62 and a 200 day moving average price of $24.01.
Kewaunee Scientific Corporation (NASDAQ:KEQU) last announced its quarterly earnings results on Tuesday, August 29th. The technology company reported $0.42 earnings per share for the quarter. The company had revenue of $33.88 million for the quarter. Kewaunee Scientific Corporation had a net margin of 3.23% and a return on equity of 10.50%.
The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 11th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.46%. This is a boost from Kewaunee Scientific Corporation’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, September 8th. Kewaunee Scientific Corporation’s dividend payout ratio (DPR) is currently 42.77%.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Hancock Holding Co. bought a new position in shares of Kewaunee Scientific Corporation during the second quarter worth $203,000. California Public Employees Retirement System bought a new position in shares of Kewaunee Scientific Corporation during the second quarter worth $202,000. Vanguard Group Inc. boosted its position in shares of Kewaunee Scientific Corporation by 38.0% during the second quarter. Vanguard Group Inc. now owns 59,560 shares of the technology company’s stock worth $1,486,000 after purchasing an additional 16,400 shares in the last quarter. Northern Trust Corp boosted its position in shares of Kewaunee Scientific Corporation by 2.3% during the second quarter. Northern Trust Corp now owns 56,131 shares of the technology company’s stock worth $1,397,000 after purchasing an additional 1,284 shares in the last quarter. Finally, Seizert Capital Partners LLC boosted its position in shares of Kewaunee Scientific Corporation by 18.7% during the second quarter. Seizert Capital Partners LLC now owns 22,118 shares of the technology company’s stock worth $551,000 after purchasing an additional 3,484 shares in the last quarter. 34.42% of the stock is currently owned by institutional investors.
Kewaunee Scientific Corporation Company Profile
Kewaunee Scientific Corporation is engaged in the design, manufacture and installation of laboratory, healthcare and technical furniture products. The Company’s products include steel, wood and laminate furniture, fume hoods, biological safety cabinets, laminar flow and ductless hoods, adaptable modular and column systems, moveable workstations and carts, epoxy resin worksurfaces, sinks, and accessories and related design services.
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