6 days Ago By ABMN Staff
Alliancebernstein L.P. reduced its position in shares of Kulicke and Soffa Industries, Inc.
( NASDAQ:KLIC – Free Report ) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,535 shares of the semiconductor company’s stock after selling 2,633 shares during the period.
Alliancebernstein L.P. owned about 0.
13% of Kulicke and Soffa Industries worth $3,338,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new position in Kulicke and Soffa Industries during the 4th quarter worth approximately $6,875,000.
JPMorgan Chase & Co. grew its holdings in shares of Kulicke and Soffa Industries by 50.6% during the fourth quarter.
JPMorgan Chase & Co. now owns 431,945 shares of the semiconductor company’s stock valued at $20,155,000 after buying an additional 145,066 shares during the last quarter. WINTON GROUP Ltd bought a new stake in Kulicke and Soffa Industries during the 4th quarter worth approximately $5,492,000.
TimesSquare Capital Management LLC grew its holdings in Kulicke and Soffa Industries by 16.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 530,827 shares of the semiconductor company’s stock worth $24,768,000 after buying an additional 74,920 shares in the last quarter.
Finally, Raymond James Financial Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter valued at about $2,916,000. 98.
22% of the stock is currently owned by institutional investors and hedge funds. Kulicke and Soffa Industries Trading Up 0.8 % Shares of KLIC opened at $30.
10 on Tuesday. The stock has a 50-day moving average price of $36.37 and a 200-day moving average price of $43.
02. The company has a market cap of $1.61 billion, a PE ratio of 250.
83 and a beta of 1.50. Kulicke and Soffa Industries, Inc.
has a 12-month low of $26.63 and a 12-month high of $53.71.
Kulicke and Soffa Industries Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Thursday, March 20th were given a dividend of $0.205 per share.
The ex-dividend date was Thursday, March 20th. This represents a $0.82 annualized dividend and a yield of 2.
72%. Kulicke and Soffa Industries’s payout ratio is 683.33%.
Analysts Set New Price Targets KLIC has been the topic of a number of recent analyst reports. StockNews.com upgraded Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 6th.
Needham & Company LLC reiterated a “buy” rating and issued a $53.00 price objective on shares of Kulicke and Soffa Industries in a research note on Thursday, February 6th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock.
According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $52.00. Read Our Latest Analysis on KLIC About Kulicke and Soffa Industries ( Free Report ) Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices.
It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment. Featured Articles Want to see what other hedge funds are holding KLIC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Kulicke and Soffa Industries, Inc. ( NASDAQ:KLIC – Free Report ). Receive News & Ratings for Kulicke and Soffa Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kulicke and Soffa Industries and related companies with MarketBeat.
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