Kyocera Corp. (KYO) Stake Maintained by Highland Capital Management LLC
Highland Capital Management LLC held its position in Kyocera Corp. (NYSE:KYO) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,994 shares of the company’s stock at the end of the third quarter. Highland Capital Management LLC’s holdings in Kyocera Corp. were worth $3,032,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in KYO. Parametric Portfolio Associates LLC raised its position in Kyocera Corp. by 9.2% in the second quarter. Parametric Portfolio Associates LLC now owns 170,019 shares of the company’s stock worth $8,103,000 after buying an additional 14,278 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Kyocera Corp. by 1.9% in the second quarter. Dimensional Fund Advisors LP now owns 136,074 shares of the company’s stock worth $6,485,000 after buying an additional 2,600 shares during the last quarter. Glenmede Trust Co. NA raised its position in shares of Kyocera Corp. by 25,652.0% in the second quarter. Glenmede Trust Co. NA now owns 45,581 shares of the company’s stock worth $2,170,000 after buying an additional 45,404 shares during the last quarter. Riverhead Capital Management LLC raised its position in shares of Kyocera Corp. by 437.8% in the second quarter. Riverhead Capital Management LLC now owns 38,722 shares of the company’s stock worth $3,426,000 after buying an additional 31,522 shares during the last quarter. Finally, Capstone Asset Management Co. raised its position in shares of Kyocera Corp. by 5.1% in the third quarter. Capstone Asset Management Co. now owns 36,565 shares of the company’s stock worth $1,760,000 after buying an additional 1,770 shares during the last quarter. 0.45% of the stock is owned by hedge funds and other institutional investors.
Kyocera Corp. (NYSE:KYO) traded down 0.70% during midday trading on Monday, hitting $48.45. The stock had a trading volume of 4,151 shares. The firm has a 50-day moving average of $48.67 and a 200-day moving average of $48.44. The company has a market cap of $17.82 billion, a PE ratio of 20.91 and a beta of 0.75. Kyocera Corp. has a 12-month low of $38.01 and a 12-month high of $50.93.
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A number of equities analysts recently commented on KYO shares. Zacks Investment Research raised Kyocera Corp. from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Friday, October 7th. BNP Paribas raised Kyocera Corp. from a “reduce” rating to a “hold” rating in a research note on Thursday, September 8th.
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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