KEMET Co. (NYSE:KEM) VP Gregory C. Thompson purchased 11,100 shares of the business’s stock in a transaction that occurred on Thursday, February 7th. The shares were bought at an average price of $17.97 per share, for a total transaction of $199,467.00. Following the completion of the purchase, the vice president now directly owns 105,000 shares in the company, valued at $1,886,850. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of KEMET stock opened at $18.07 on Friday. KEMET Co. has a 1 year low of $15.55 and a 1 year high of $29.85. The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 11.15 and a beta of 2.64.

KEMET (NYSE:KEM) last issued its quarterly earnings data on Thursday, January 31st. The electronics maker reported $1.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.19. KEMET had a net margin of 8.59% and a return on equity of 32.59%. The company had revenue of $350.18 million for the quarter, compared to the consensus estimate of $353.36 million. On average, research analysts forecast that KEMET Co. will post 3.24 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 25th. Shareholders of record on Thursday, February 14th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.11%. The ex-dividend date is Wednesday, February 13th. KEMET’s payout ratio is currently 12.35%.

Institutional investors have recently modified their holdings of the business. Csenge Advisory Group purchased a new position in KEMET during the 3rd quarter worth $27,000. IFP Advisors Inc purchased a new position in KEMET during the 4th quarter worth $35,000. Bank of Montreal Can grew its position in KEMET by 51.0% during the 4th quarter. Bank of Montreal Can now owns 2,550 shares of the electronics maker’s stock worth $44,000 after purchasing an additional 861 shares during the last quarter. PNC Financial Services Group Inc. grew its position in KEMET by 249.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,417 shares of the electronics maker’s stock worth $78,000 after purchasing an additional 3,154 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its position in KEMET by 2,554.3% during the 3rd quarter. Meeder Asset Management Inc. now owns 6,158 shares of the electronics maker’s stock worth $113,000 after purchasing an additional 5,926 shares during the last quarter. 79.44% of the stock is currently owned by institutional investors.

KEM has been the topic of several research analyst reports. ValuEngine lowered shares of KEMET from a “hold” rating to a “sell” rating in a research note on Thursday, January 24th. Zacks Investment Research raised shares of KEMET from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Wednesday, January 16th.

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About KEMET

KEMET Corporation manufactures and sells passive electronic components under the KEMET brand worldwide. The company operates in three segments: Solid Capacitors, Film and Electrolytic; and Electro-Magnetic, Sensors, and Actuators. It offers tantalum, aluminum polymer, and ceramic capacitors; film, paper, and wet aluminum electrolytic capacitors; electromagnetic interference filters; and electro-magnetic compatible materials and devices, piezo materials and actuators, and various types of sensors.

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