Minerva Advisors LLC Has $4.56 Million Stock Holdings in Kewaunee Scientific Corporation $KEQU

Minerva Advisors LLC increased its holdings in shares of Kewaunee Scientific Corporation (NASDAQ:KEQU) by 51.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 121,863 shares of the technology company’s stock after purchasing an additional 41,589 shares during the period. Kewaunee Scientific makes up approximately 3.0% of Minerva Advisors LLC’s holdings, making the stock its 12th largest position. Minerva Advisors LLC owned 4.25% of Kewaunee Scientific worth $4,559,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Northeast Investment Management acquired a new position in shares of Kewaunee Scientific during the 4th quarter worth about $748,000. Susquehanna International Group LLP acquired a new position in shares of Kewaunee Scientific during the 3rd quarter worth about $713,000. Punch & Associates Investment Management Inc. lifted its position in shares of Kewaunee Scientific by 61.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 70,085 shares of the technology company’s stock worth $2,989,000 after purchasing an additional 26,785 shares during the last quarter. Mink Brook Asset Management LLC lifted its position in shares of Kewaunee Scientific by 83.4% during the 3rd quarter. Mink Brook Asset Management LLC now owns 11,571 shares of the technology company’s stock worth $494,000 after purchasing an additional 5,261 shares during the last quarter. Finally, Royce & Associates LP acquired a new position in shares of Kewaunee Scientific during the 3rd quarter worth about $1,663,000. Institutional investors and hedge funds own 32.69% of the company’s stock.

Kewaunee Scientific Stock Performance

Shares of KEQU opened at $39.97 on Tuesday. Kewaunee Scientific Corporation has a 1 year low of $33.70 and a 1 year high of $60.89. The company has a current ratio of 2.12, a quick ratio of 1.45 and a debt-to-equity ratio of 0.58. The stock has a 50 day simple moving average of $36.13 and a 200-day simple moving average of $38.28. The stock has a market cap of $114.71 million, a PE ratio of 10.74 and a beta of 0.69.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Kewaunee Scientific in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Kewaunee Scientific has an average rating of “Hold”.

About Kewaunee Scientific

Kewaunee Scientific Corporation (NASDAQ:KEQU) is a global designer and manufacturer of scientific laboratory furniture, casework, fume hoods, containment solutions and related equipment. With roots dating back more than a century, the company develops integrated lab environments for research facilities, universities, biopharma companies, healthcare providers and government laboratories. Its product portfolio encompasses modular and custom casework, workstations, shelving systems, steel and epoxy resin solutions, as well as advanced ventilation and water management systems.

The company operates primary manufacturing facilities in Fitchburg, Wisconsin, supported by regional distribution and service centers in North America, Europe and Asia.