According to Zacks, “Kyocera Corporation was founded in 1959 as a company specializing in the production of fine ceramic components, Kyocera has expanded its business by effectively developing and applying its ceramics technologies. The company has grown to be a world-leading manufacturer of ceramics, including custom parts and consumer products. Kyocera’s materials, components, and finished products are used in virtually all fields of industry. In addition to ceramics, products also include information, tele-communications, and Optical equipment. “
Separately, BNP Paribas raised shares of Kyocera Corp. from a reduce rating to a hold rating in a research note on Thursday, September 8th.
Shares of Kyocera Corp. (NYSE:KYO) opened at 48.454 on Friday. The stock has a market cap of $17.78 billion, a P/E ratio of 19.436 and a beta of 0.75. Kyocera Corp. has a 1-year low of $38.01 and a 1-year high of $50.93. The company’s 50-day moving average is $47.88 and its 200-day moving average is $48.00.
A number of large investors have recently made changes to their positions in KYO. Renaissance Technologies LLC boosted its stake in shares of Kyocera Corp. by 3.4% in the first quarter. Renaissance Technologies LLC now owns 534,100 shares of the company’s stock valued at $23,586,000 after buying an additional 17,800 shares during the period. 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 valued at $8,103,000 after buying an additional 14,278 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Kyocera Corp. by 1.9% in the second quarter. Dimensional Fund Advisors LP now owns 136,074 shares of the company’s stock valued at $6,485,000 after buying an additional 2,600 shares in the last quarter. Highland Capital Management LLC raised its position in Kyocera Corp. by 4.0% in the second quarter. Highland Capital Management LLC now owns 62,994 shares of the company’s stock valued at $3,002,000 after buying an additional 2,400 shares in the last quarter. Finally, Glenmede Trust Co. NA raised its position in Kyocera Corp. by 25,652.0% in the second quarter. Glenmede Trust Co. NA now owns 45,581 shares of the company’s stock valued at $2,170,000 after buying an additional 45,404 shares in the last quarter. 0.45% of the stock is currently owned by institutional investors.
About Kyocera Corp.
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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