Dimensional Fund Advisors LP increased its holdings in shares of Key Technology, Inc. (NASDAQ:KTEC) by 1.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 212,123 shares of the industrial products company’s stock after acquiring an additional 2,609 shares during the period. Dimensional Fund Advisors LP owned approximately 3.27% of Key Technology worth $2,917,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Key Technology by 1.5% during the second quarter. Vanguard Group Inc. now owns 138,546 shares of the industrial products company’s stock worth $1,905,000 after acquiring an additional 2,030 shares during the period. Northern Trust Corp grew its holdings in Key Technology by 4.1% during the second quarter. Northern Trust Corp now owns 19,783 shares of the industrial products company’s stock worth $272,000 after acquiring an additional 783 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in Key Technology by 7.9% during the first quarter. Renaissance Technologies LLC now owns 108,289 shares of the industrial products company’s stock worth $1,436,000 after acquiring an additional 7,889 shares during the period. 47.01% of the stock is currently owned by hedge funds and other institutional investors.

Key Technology, Inc. (NASDAQ KTEC) opened at $17.58 on Monday. Key Technology, Inc. has a twelve month low of $11.08 and a twelve month high of $19.67. The firm has a market capitalization of $114.04, a price-to-earnings ratio of 28.35 and a beta of 1.02. The company has a current ratio of 2.19, a quick ratio of 1.05 and a debt-to-equity ratio of 0.06.

Key Technology (NASDAQ:KTEC) last posted its earnings results on Thursday, November 16th. The industrial products company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.14. The company had revenue of $40.55 million for the quarter. Key Technology had a return on equity of 6.32% and a net margin of 2.88%.

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Key Technology Company Profile

Key Technology, Inc is a supplier of process automation solutions to the food processing industry and other industries, such as tobacco and pharmaceuticals. The Company designs, manufactures, sells and services automation equipment that processes product streams of discrete pieces. These systems integrate electro-optical automated inspection and digital sorting systems with other processing systems that include specialized conveying and preparation equipment.

Institutional Ownership by Quarter for Key Technology (NASDAQ:KTEC)

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