Renaissance Technologies LLC Buys 10,580 Shares of Kewaunee Scientific Co. (NASDAQ:KEQU)

Renaissance Technologies LLC lifted its holdings in shares of Kewaunee Scientific Co. (NASDAQ:KEQU) by 13.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 89,611 shares of the technology company’s stock after purchasing an additional 10,580 shares during the period. Renaissance Technologies LLC owned about 3.16% of Kewaunee Scientific worth $4,230,000 as of its most recent filing with the SEC.

Separately, Dimensional Fund Advisors LP grew its holdings in Kewaunee Scientific by 3.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 177,548 shares of the technology company’s stock worth $8,378,000 after acquiring an additional 6,132 shares during the last quarter. Institutional investors and hedge funds own 32.69% of the company’s stock.

Kewaunee Scientific Price Performance

Shares of Kewaunee Scientific stock opened at $34.27 on Friday. The firm has a market cap of $97.33 million, a PE ratio of 5.40 and a beta of 0.74. Kewaunee Scientific Co. has a 12-month low of $16.51 and a 12-month high of $55.62. The company has a quick ratio of 2.00, a current ratio of 2.53 and a debt-to-equity ratio of 0.48. The company’s fifty day simple moving average is $47.34 and its two-hundred day simple moving average is $41.59.

Kewaunee Scientific (NASDAQ:KEQU) last posted its earnings results on Wednesday, June 26th. The technology company reported $1.55 EPS for the quarter. Kewaunee Scientific had a net margin of 9.13% and a return on equity of 25.87%. The firm had revenue of $56.70 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Kewaunee Scientific from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 28th.

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.