Kirby Co. (NYSE:KEX) Stock Position Increased by Neuberger Berman Group LLC

Neuberger Berman Group LLC boosted its position in Kirby Co. (NYSE:KEXGet Rating) by 18,106.0% during the 1st quarter, HoldingsChannel reports. The firm owned 1,149,345 shares of the shipping company’s stock after buying an additional 1,143,032 shares during the quarter. Neuberger Berman Group LLC’s holdings in Kirby were worth $82,971,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of KEX. Meeder Asset Management Inc. acquired a new position in Kirby during the 1st quarter valued at about $47,000. Point72 Hong Kong Ltd acquired a new position in Kirby during the 1st quarter valued at about $47,000. Econ Financial Services Corp acquired a new position in Kirby during the 1st quarter valued at about $66,000. Ellevest Inc. increased its stake in Kirby by 38.0% during the 1st quarter. Ellevest Inc. now owns 1,568 shares of the shipping company’s stock valued at $113,000 after buying an additional 432 shares during the period. Finally, American Century Companies Inc. acquired a new position in Kirby during the 1st quarter valued at about $201,000. 95.26% of the stock is currently owned by institutional investors.

Kirby Stock Down 1.4 %

Kirby stock opened at $66.13 on Friday. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of -19.06, a PEG ratio of 2.70 and a beta of 1.28. The company has a current ratio of 1.94, a quick ratio of 1.26 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $65.01 and its two-hundred day moving average price is $65.73. Kirby Co. has a 52 week low of $47.58 and a 52 week high of $75.08.

About Kirby

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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.

Further Reading

Want to see what other hedge funds are holding KEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kirby Co. (NYSE:KEXGet Rating).

Institutional Ownership by Quarter for Kirby (NYSE:KEX)

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