Goldman Sachs Group Inc. raised its holdings in Kyocera (NYSE:KYO) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 86,280 shares of the electronics maker’s stock after purchasing an additional 2,703 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Kyocera were worth $5,652,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Renaissance Technologies LLC increased its stake in Kyocera by 0.5% in the fourth quarter. Renaissance Technologies LLC now owns 557,564 shares of the electronics maker’s stock valued at $36,526,000 after purchasing an additional 2,564 shares during the period. Parametric Portfolio Associates LLC increased its stake in Kyocera by 13.4% in the third quarter. Parametric Portfolio Associates LLC now owns 352,412 shares of the electronics maker’s stock valued at $21,909,000 after purchasing an additional 41,610 shares during the period. Aperio Group LLC increased its stake in Kyocera by 10.2% in the fourth quarter. Aperio Group LLC now owns 211,704 shares of the electronics maker’s stock valued at $13,869,000 after purchasing an additional 19,597 shares during the period. Fisher Asset Management LLC acquired a new position in Kyocera in the fourth quarter valued at $5,695,000. Finally, Bank of New York Mellon Corp increased its stake in Kyocera by 3.9% in the third quarter. Bank of New York Mellon Corp now owns 19,651 shares of the electronics maker’s stock valued at $1,222,000 after purchasing an additional 745 shares during the period. Institutional investors own 0.59% of the company’s stock.
Shares of Kyocera stock opened at $54.98 on Friday. Kyocera has a 52-week low of $53.79 and a 52-week high of $71.92. The company has a current ratio of 3.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.01. The stock has a market cap of $20,569.92, a PE ratio of 21.92, a PEG ratio of 3.69 and a beta of 0.76.
A number of research analysts have recently issued reports on KYO shares. Credit Suisse Group upgraded shares of Kyocera from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 27th. UBS upgraded shares of Kyocera from a “neutral” rating to an “overweight” rating in a research note on Thursday, February 15th. Macquarie upgraded shares of Kyocera from a “neutral” rating to an “outperform” rating in a research note on Thursday, February 1st. Finally, Zacks Investment Research upgraded shares of Kyocera from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a research note on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $73.00.
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Kyocera Corporation develops, produces, and sells industrial components, and telecommunications and information equipment worldwide. Its Fine Ceramic Parts Group segment offers components for semiconductor processing and flat panel display manufacturing equipment, information and telecommunication components, general industrial machinery components, LED related products, and automotive components.
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