American Trust acquired a new stake in Kirby Co. (NYSE:KEX – Get Rating) in the first quarter, according to its most recent filing with the SEC. The fund acquired 5,695 shares of the shipping company’s stock, valued at approximately $411,000.
Other hedge funds have also bought and sold shares of the company. JCP Investment Management LLC purchased a new position in Kirby in the 1st quarter valued at approximately $21,188,000. LMR Partners LLP purchased a new position in shares of Kirby during the 4th quarter valued at $1,345,000. Pacific Global Investment Management Co. grew its position in shares of Kirby by 3.4% during the 1st quarter. Pacific Global Investment Management Co. now owns 27,703 shares of the shipping company’s stock valued at $2,000,000 after purchasing an additional 923 shares in the last quarter. Boston Partners grew its position in shares of Kirby by 204.8% during the 1st quarter. Boston Partners now owns 69,302 shares of the shipping company’s stock valued at $5,003,000 after purchasing an additional 46,562 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in shares of Kirby by 7.0% during the 1st quarter. California Public Employees Retirement System now owns 132,814 shares of the shipping company’s stock valued at $9,588,000 after purchasing an additional 8,686 shares in the last quarter. 95.26% of the stock is currently owned by hedge funds and other institutional investors.
Kirby Stock Down 1.4 %
KEX opened at $66.13 on Friday. The company has a fifty day moving average price of $65.01 and a 200-day moving average price of $65.73. The firm has a market capitalization of $3.96 billion, a P/E ratio of -19.06, a price-to-earnings-growth ratio of 2.70 and a beta of 1.28. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.94 and a quick ratio of 1.26. Kirby Co. has a one year low of $47.58 and a one year high of $75.08.
Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.
- Get a free copy of the StockNews.com research report on Kirby (KEX)
- 3 Banks Worth Considering For Q4
- Stock Market: 3 Islands Of Strength In A Sea Of Red
- Is There a Cure for What is Ailing Teladoc Stock?
- MarketBeat: Week in Review 9/12 – 9/16
- No One Told These 3 Stocks It’s a Down Week
Receive News & Ratings for Kirby Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirby and related companies with MarketBeat.com's FREE daily email newsletter.