6 days Ago By ABMN Staff
Franklin Resources Inc. lifted its position in shares of Axcelis Technologies, Inc. ( NASDAQ:ACLS – Free Report ) by 3.
3% in the fourth quarter, HoldingsChannel reports. The fund owned 23,266 shares of the semiconductor company’s stock after buying an additional 750 shares during the period. Franklin Resources Inc.
’s holdings in Axcelis Technologies were worth $1,626,000 at the end of the most recent quarter. Several other large investors have also made changes to their positions in ACLS. Signaturefd LLC lifted its stake in shares of Axcelis Technologies by 90.
6% in the 4th quarter. Signaturefd LLC now owns 364 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 173 shares during the period. Blue Trust Inc.
increased its holdings in Axcelis Technologies by 85.5% in the fourth quarter. Blue Trust Inc.
now owns 627 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 289 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Axcelis Technologies by 1.4% in the fourth quarter.
Thrivent Financial for Lutherans now owns 28,623 shares of the semiconductor company’s stock valued at $2,054,000 after buying an additional 383 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Axcelis Technologies by 184.3% during the fourth quarter.
Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company’s stock worth $47,000 after buying an additional 433 shares during the last quarter. Finally, KBC Group NV increased its stake in shares of Axcelis Technologies by 46.8% in the 4th quarter.
KBC Group NV now owns 1,371 shares of the semiconductor company’s stock valued at $96,000 after acquiring an additional 437 shares during the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.
Analyst Ratings Changes Several research firms recently weighed in on ACLS. Craig Hallum reduced their price objective on shares of Axcelis Technologies from $115.00 to $105.
00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Needham & Company LLC reissued a “hold” rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. Finally, William Blair cut shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 12th.
Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Axcelis Technologies currently has a consensus rating of “Hold” and an average target price of $154.00.
Axcelis Technologies Stock Up 0.9 % Shares of ACLS stock opened at $47.48 on Tuesday.
Axcelis Technologies, Inc. has a 12-month low of $40.40 and a 12-month high of $158.
61. The company has a quick ratio of 4.05, a current ratio of 5.
41 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average of $55.
94 and a 200-day moving average of $71.26. The company has a market capitalization of $1.
53 billion, a price-to-earnings ratio of 7.72, a P/E/G ratio of 4.52 and a beta of 1.
59. Axcelis Technologies ( NASDAQ:ACLS – Get Free Report ) last released its quarterly earnings results on Monday, February 10th. The semiconductor company reported $1.
54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.29.
Axcelis Technologies had a return on equity of 21.02% and a net margin of 19.75%.
As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.
Axcelis Technologies declared that its board has authorized a share repurchase program on Wednesday, March 12th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the semiconductor company to buy up to 5.
2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued. About Axcelis Technologies ( Free Report ) Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific.
The company offers high energy, high current, and medium current implanters for various application requirements. Featured Articles Want to see what other hedge funds are holding ACLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axcelis Technologies, Inc.
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