Comerica Bank increased its stake in shares of Kyocera Corp (NYSE:KYO) by 12.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,983 shares of the electronics maker’s stock after buying an additional 2,442 shares during the period. Comerica Bank’s holdings in Kyocera Corp were worth $1,110,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in KYO. US Bancorp DE boosted its stake in Kyocera Corp by 83.1% in the third quarter. US Bancorp DE now owns 10,483 shares of the electronics maker’s stock valued at $504,000 after buying an additional 4,758 shares during the last quarter. World Asset Management Inc boosted its stake in Kyocera Corp by 8.1% in the third quarter. World Asset Management Inc now owns 25,251 shares of the electronics maker’s stock valued at $1,215,000 after buying an additional 1,882 shares during the last quarter. Capstone Asset Management Co. boosted its stake in Kyocera Corp by 5.1% in the third quarter. Capstone Asset Management Co. now owns 36,565 shares of the electronics maker’s stock valued at $1,760,000 after buying an additional 1,770 shares during the last quarter. Finally, Aperio Group LLC boosted its stake in Kyocera Corp by 5.0% in the third quarter. Aperio Group LLC now owns 146,416 shares of the electronics maker’s stock valued at $7,047,000 after buying an additional 7,017 shares during the last quarter. Hedge funds and other institutional investors own 0.45% of the company’s stock.
Shares of Kyocera Corp (NYSE:KYO) traded down 0.188% on Friday, hitting $54.677. 9,805 shares of the stock traded hands. Kyocera Corp has a 52 week low of $46.36 and a 52 week high of $61.50. The firm has a market cap of $20.11 billion, a P/E ratio of 18.503 and a beta of 0.73. The stock has a 50-day moving average price of $55.69 and a 200 day moving average price of $51.76.
Kyocera Corp (NYSE:KYO) last posted its quarterly earnings results on Tuesday, January 31st. The electronics maker reported $0.89 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.30. The company had revenue of $3.39 billion for the quarter. Kyocera Corp had a net margin of 8.51% and a return on equity of 5.13%. Equities research analysts predict that Kyocera Corp will post $2.18 EPS for the current fiscal year.
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Separately, Zacks Investment Research upgraded Kyocera Corp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 7th.
Kyocera Corp Company Profile
Kyocera Corporation is engaged in various fields, from fine ceramic components to electronic devices, equipment, services and networks. The Company operates through seven segments: Fine Ceramic Parts Group, Semiconductor Parts Group, Applied Ceramic Products Group, Electronic Device Group, Telecommunications Equipment Group, Information Equipment Group and Others.
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