Gamco Investors INC. ET AL reduced its position in shares of Kimball International Inc (NASDAQ:KBAL) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 192,000 shares of the company’s stock after selling 11,200 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Kimball International were worth $3,585,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Kimball International during the 4th quarter worth $104,000. Legal & General Group Plc boosted its holdings in Kimball International by 3.8% in the 2nd quarter. Legal & General Group Plc now owns 10,060 shares of the company’s stock valued at $168,000 after purchasing an additional 366 shares during the period. Royal Bank of Canada boosted its holdings in Kimball International by 3.0% in the 2nd quarter. Royal Bank of Canada now owns 11,236 shares of the company’s stock valued at $187,000 after purchasing an additional 332 shares during the period. AHL Partners LLP bought a new stake in Kimball International in the 2nd quarter valued at $193,000. Finally, Citadel Advisors LLC bought a new stake in Kimball International in the 2nd quarter valued at $223,000. 61.61% of the stock is owned by institutional investors and hedge funds.

Shares of Kimball International Inc (NASDAQ:KBAL) opened at $16.80 on Friday. Kimball International Inc has a 1-year low of $15.40 and a 1-year high of $20.97. The firm has a market cap of $629.73, a price-to-earnings ratio of 15.70 and a beta of 1.49.

Kimball International (NASDAQ:KBAL) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $0.31 earnings per share for the quarter. Kimball International had a net margin of 5.41% and a return on equity of 22.51%. The firm had revenue of $173.67 million during the quarter.

Separately, BidaskClub downgraded shares of Kimball International from a “hold” rating to a “sell” rating in a report on Friday.

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About Kimball International

Kimball International, Inc creates design driven furnishings. The Company sells a portfolio of furniture products and services under three brands, which include Kimball Office, National Office Furniture, and Kimball Hospitality. The Company’s portfolio offers solutions for the workplace, learning, healing, and hospitality environments.

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Institutional Ownership by Quarter for Kimball International (NASDAQ:KBAL)

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