12,506 Shares in Kirby Co. (NYSE:KEX) Purchased by Verition Fund Management LLC

Verition Fund Management LLC purchased a new position in shares of Kirby Co. (NYSE:KEXGet Rating) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,506 shares of the shipping company’s stock, valued at approximately $903,000.

Other hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC grew its stake in Kirby by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 18,509 shares of the shipping company’s stock valued at $1,101,000 after acquiring an additional 250 shares in the last quarter. Rhumbline Advisers grew its stake in Kirby by 3.1% during the 4th quarter. Rhumbline Advisers now owns 161,203 shares of the shipping company’s stock valued at $9,579,000 after acquiring an additional 4,869 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Kirby by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 350,882 shares of the shipping company’s stock valued at $20,850,000 after acquiring an additional 7,532 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in Kirby by 163.6% during the 4th quarter. Gamco Investors INC. ET AL now owns 14,500 shares of the shipping company’s stock valued at $862,000 after acquiring an additional 9,000 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Kirby by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 749,472 shares of the shipping company’s stock valued at $44,533,000 after acquiring an additional 21,091 shares in the last quarter. Institutional investors and hedge funds own 95.26% of the company’s stock.

Kirby Stock Down 0.8 %

Shares of NYSE KEX opened at $65.63 on Thursday. Kirby Co. has a 12-month low of $47.58 and a 12-month high of $75.08. The stock has a market cap of $3.93 billion, a PE ratio of -18.91, a P/E/G 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 has a 50-day moving average of $65.55 and a 200 day moving average of $65.70.

Kirby Profile

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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.

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Institutional Ownership by Quarter for Kirby (NYSE:KEX)

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