Shelton Capital Management bought a new stake in shares of Kyocera Corporation (NYSE:KYO) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,000 shares of the electronics maker’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in shares of Kyocera Corporation by 9.6% during the second quarter. Goldman Sachs Group Inc. now owns 74,527 shares of the electronics maker’s stock valued at $4,343,000 after purchasing an additional 6,558 shares during the period. Virtu KCG Holdings LLC purchased a new stake in shares of Kyocera Corporation during the second quarter valued at $446,000. Renaissance Technologies LLC boosted its stake in shares of Kyocera Corporation by 2.6% during the second quarter. Renaissance Technologies LLC now owns 549,600 shares of the electronics maker’s stock valued at $32,025,000 after purchasing an additional 13,910 shares during the period. Parametric Portfolio Associates LLC boosted its stake in shares of Kyocera Corporation by 12.1% during the second quarter. Parametric Portfolio Associates LLC now owns 313,139 shares of the electronics maker’s stock valued at $18,247,000 after purchasing an additional 33,694 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Kyocera Corporation by 29.7% during the second quarter. PNC Financial Services Group Inc. now owns 2,613 shares of the electronics maker’s stock valued at $152,000 after purchasing an additional 598 shares during the period. 0.54% of the stock is owned by hedge funds and other institutional investors.

Shares of Kyocera Corporation (NYSE KYO) opened at 65.27 on Wednesday. Kyocera Corporation has a 1-year low of $47.08 and a 1-year high of $65.60. The stock has a market capitalization of $24.00 billion, a price-to-earnings ratio of 21.41 and a beta of 0.54. The company has a 50-day moving average of $61.82 and a 200-day moving average of $58.98.

Kyocera Corporation (NYSE:KYO) last announced its earnings results on Friday, July 28th. The electronics maker reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.25. Kyocera Corporation had a return on equity of 4.96% and a net margin of 8.34%. The company had revenue of $3.11 billion during the quarter. On average, equities research analysts expect that Kyocera Corporation will post $2.18 EPS for the current fiscal year.

A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Kyocera Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. BidaskClub raised shares of Kyocera Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Mizuho raised shares of Kyocera Corporation from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 13th.

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About Kyocera Corporation

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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Institutional Ownership by Quarter for Kyocera Corporation (NYSE:KYO)

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