Dynamic Technology Lab Private Ltd purchased a new position in shares of KLX Inc. (NASDAQ:KLXI) in the third quarter, according to its most recent filing with the SEC. The firm purchased 5,046 shares of the aerospace company’s stock, valued at approximately $268,000.

A number of other institutional investors have also modified their holdings of KLXI. Teachers Advisors LLC grew its holdings in KLX by 2.2% during the 1st quarter. Teachers Advisors LLC now owns 95,224 shares of the aerospace company’s stock worth $4,257,000 after acquiring an additional 2,060 shares during the period. Bank of Montreal Can grew its holdings in KLX by 1.4% during the 2nd quarter. Bank of Montreal Can now owns 3,168 shares of the aerospace company’s stock worth $159,000 after acquiring an additional 43 shares during the period. Aperio Group LLC grew its holdings in KLX by 8.7% during the 2nd quarter. Aperio Group LLC now owns 24,358 shares of the aerospace company’s stock worth $1,218,000 after acquiring an additional 1,946 shares during the period. Russell Investments Group Ltd. boosted its position in shares of KLX by 33.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 94,475 shares of the aerospace company’s stock worth $4,724,000 after purchasing an additional 23,815 shares in the last quarter. Finally, ING Groep NV bought a new position in shares of KLX during the 2nd quarter worth about $315,000.

A number of equities analysts have recently issued reports on KLXI shares. Cowen reissued a “buy” rating and set a $57.00 price objective on shares of KLX in a research report on Thursday, October 19th. BidaskClub cut shares of KLX from a “buy” rating to a “hold” rating in a research report on Wednesday. ValuEngine cut shares of KLX from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research raised shares of KLX from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. Finally, Jefferies Group reissued a “hold” rating and set a $51.00 price objective (down previously from $55.00) on shares of KLX in a research report on Thursday, August 24th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. KLX presently has an average rating of “Hold” and an average target price of $55.40.

KLX Inc. (NASDAQ:KLXI) opened at $53.91 on Wednesday. KLX Inc. has a 1 year low of $41.92 and a 1 year high of $56.69. The firm has a market cap of $2,848.92, a PE ratio of 28.84, a P/E/G ratio of 3.30 and a beta of 1.31. The company has a debt-to-equity ratio of 0.52, a current ratio of 7.28 and a quick ratio of 2.27.

TRADEMARK VIOLATION NOTICE: This report was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this report on another site, it was copied illegally and reposted in violation of United States & international trademark & copyright laws. The correct version of this report can be viewed at https://theolympiareport.com/2017/12/06/dynamic-technology-lab-private-ltd-purchases-new-holdings-in-klx-inc-klxi.html.

About KLX

KLX Inc (KLX) is the distributor and service provider of aerospace fasteners and consumables. The Company offers ranges of aerospace hardware and consumables and inventory management services across the world. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG).

Institutional Ownership by Quarter for KLX (NASDAQ:KLXI)

Receive News & Ratings for KLX Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KLX Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.