Kennedy Capital Management LLC Has $591,000 Stock Position in Key Tronic Co. (NASDAQ:KTCC)

Kennedy Capital Management LLC raised its holdings in Key Tronic Co. (NASDAQ:KTCC) by 9.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 141,625 shares of the technology company’s stock after purchasing an additional 12,023 shares during the quarter. Kennedy Capital Management LLC’s holdings in Key Tronic were worth $591,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Virtu Financial LLC bought a new stake in shares of Key Tronic during the 3rd quarter worth $63,000. Renaissance Technologies LLC raised its stake in Key Tronic by 63.5% during the fourth quarter. Renaissance Technologies LLC now owns 95,300 shares of the technology company’s stock worth $397,000 after acquiring an additional 37,000 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Key Tronic by 8.9% in the third quarter. Geode Capital Management LLC now owns 93,778 shares of the technology company’s stock worth $537,000 after acquiring an additional 7,636 shares during the last quarter. Finally, Tieton Capital Management LLC boosted its stake in shares of Key Tronic by 23.1% in the 4th quarter. Tieton Capital Management LLC now owns 749,083 shares of the technology company’s stock valued at $3,124,000 after purchasing an additional 140,573 shares in the last quarter. Institutional investors own 40.69% of the company’s stock.

Key Tronic Stock Down 2.1 %

Shares of KTCC opened at $2.30 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.71 and a current ratio of 2.78. Key Tronic Co. has a 52 week low of $2.21 and a 52 week high of $6.14. The stock has a market capitalization of $24.75 million, a price-to-earnings ratio of -4.04 and a beta of 1.38. The stock has a fifty day moving average of $2.81 and a 200-day moving average of $4.24.

Key Tronic (NASDAQ:KTCC) last posted its earnings results on Tuesday, February 4th. The technology company reported ($0.38) EPS for the quarter. Key Tronic had a negative net margin of 1.17% and a negative return on equity of 3.23%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Key Tronic in a research report on Sunday. They set a “strong-buy” rating for the company.

Key Tronic Profile

Key Tronic Corporation provides contract manufacturing services to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Its services include product design; surface mount technologies and pin through hole capability for printed circuit board assembly; tool making; precision plastic molding; sheet metal fabrication and painting; liquid injection molding; complex assembly; prototype design; and full product assembly services.