Kadant Inc (KAI)

[AISI304]

KBC Group NV buys shares of Kadant Inc.

https://pressoracle.com/2018/09/02/kbc-group-nv-buys-shares-of-2701-kadant-inc-kai-2.html

KBC Group NV bought a new position in Kadant Inc. (NYSE:KAI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,701 shares of the industrial products company’s stock, valued at approximately $260,000.

A number of other large investors have also recently made changes to their positions in the business.

Handelsbanken Fonder AB increased its position in shares of Kadant by 30.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 495,000 shares of the industrial products company’s stock valued at $47,594,000 after purchasing an additional 115,000 shares during the last quarter.

Wells Fargo & Company MN increased its position in shares of Kadant by 6.4% during the 2nd quarter. Wells Fargo & Company MN now owns 481,564 shares of the industrial products company’s stock valued at $46,303,000 after purchasing an additional 28,784 shares during the last quarter.

JPMorgan Chase & Co. increased its position in shares of Kadant by 1.0% during the 1st quarter. JPMorgan Chase & Co. now owns 384,807 shares of the industrial products company’s stock valued at $36,365,000 after purchasing an additional 3,670 shares during the last quarter.

Wasatch Advisors Inc. boosted its holdings in Kadant by 81.2% during the 2nd quarter. Wasatch Advisors Inc. now owns 335,710 shares of the industrial products company’s stock valued at $32,279,000 after acquiring an additional 150,471 shares during the period.

Finally, Epoch Investment Partners Inc. boosted its holdings in Kadant by 3.5% during the 1st quarter. Epoch Investment Partners Inc. now owns 307,674 shares of the industrial products company’s stock valued at $29,075,000 after acquiring an additional 10,437 shares during the period. 97.60% of the stock is currently owned by institutional investors and hedge funds.