California Public Employees Retirement System maintained its stake in shares of Key Tronic Corporation (NASDAQ:KTCC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,400 shares of the technology company’s stock at the close of the second quarter. California Public Employees Retirement System owned 0.25% of Key Tronic worth $194,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in KTCC. Morgan Stanley grew its position in shares of Key Tronic by 11.7% in the first quarter. Morgan Stanley now owns 797,524 shares of the technology company’s stock valued at $5,853,000 after purchasing an additional 83,634 shares in the last quarter. Spark Investment Management LLC grew its position in Key Tronic by 83.6% during the second quarter. Spark Investment Management LLC now owns 23,500 shares of the technology company’s stock worth $166,000 after buying an additional 10,700 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Key Tronic by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 61,967 shares of the technology company’s stock worth $454,000 after buying an additional 198 shares in the last quarter. Institutional investors own 41.84% of the company’s stock.

Key Tronic Corporation (NASDAQ:KTCC) opened at $7.59 on Friday. Key Tronic Corporation has a 52-week low of $6.69 and a 52-week high of $8.20. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.93 and a current ratio of 2.29. The company has a market capitalization of $81.56, a PE ratio of 19.44 and a beta of 0.02.

Key Tronic (NASDAQ:KTCC) last posted its earnings results on Tuesday, October 31st. The technology company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.09). Key Tronic had a return on equity of 3.75% and a net margin of 0.93%. The business had revenue of $109.22 million for the quarter.

Separately, ValuEngine upgraded Key Tronic from a “hold” rating to a “buy” rating in a research report on Friday, August 4th.

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About Key Tronic

Key Tronic Corporation, doing business as KeyTronicEMS Co, is engaged in contract manufacturing for a range of products. The Company provides electronic manufacturing services (EMS) and solutions to original equipment manufacturers (OEMs) of a range of products. The Company provides engineering services, procurement and distribution, materials management, manufacturing and assembly services, in-house testing, and customer service.

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Institutional Ownership by Quarter for Key Tronic (NASDAQ:KTCC)

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