19 hours Ago By ABMN Staff
KLP Kapitalforvaltning AS bought a new position in shares of Kulicke and Soffa Industries, Inc. ( NASDAQ:KLIC – Free Report ) during the 4th quarter, HoldingsChannel.com reports.
The fund bought 11,700 shares of the semiconductor company’s stock, valued at approximately $548,000. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Copeland Capital Management LLC increased its position in shares of Kulicke and Soffa Industries by 2.
3% during the 4th quarter. Copeland Capital Management LLC now owns 1,502,640 shares of the semiconductor company’s stock valued at $70,113,000 after purchasing an additional 33,124 shares during the last quarter. Royce & Associates LP increased its holdings in Kulicke and Soffa Industries by 4.
9% during the fourth quarter. Royce & Associates LP now owns 1,165,428 shares of the semiconductor company’s stock worth $54,379,000 after buying an additional 54,116 shares during the last quarter. William Blair Investment Management LLC increased its holdings in Kulicke and Soffa Industries by 2.
2% during the fourth quarter. William Blair Investment Management LLC now owns 708,441 shares of the semiconductor company’s stock worth $33,056,000 after buying an additional 15,010 shares during the last quarter. TimesSquare Capital Management LLC raised its position in Kulicke and Soffa Industries by 16.
4% in the fourth quarter. TimesSquare Capital Management LLC now owns 530,827 shares of the semiconductor company’s stock worth $24,768,000 after acquiring an additional 74,920 shares during the period. Finally, Principal Financial Group Inc.
boosted its stake in Kulicke and Soffa Industries by 1.8% in the fourth quarter. Principal Financial Group Inc.
now owns 262,799 shares of the semiconductor company’s stock valued at $12,262,000 after acquiring an additional 4,613 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.
Wall Street Analysts Forecast Growth Several brokerages have issued reports on KLIC. Needham & Company LLC restated a “buy” rating and issued a $53.00 target price on shares of Kulicke and Soffa Industries in a research note on Thursday, February 6th.
StockNews.com raised shares of Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock.
According to MarketBeat.com, Kulicke and Soffa Industries presently has an average rating of “Moderate Buy” and a consensus target price of $52.00.
Kulicke and Soffa Industries Trading Up 1.1 % KLIC opened at $33.87 on Thursday.
The stock has a market capitalization of $1.81 billion, a P/E ratio of 282.25 and a beta of 1.
38. The stock has a 50-day moving average price of $39.22 and a 200-day moving average price of $43.
89. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.
77 and a 12-month high of $53.71. Kulicke and Soffa Industries ( NASDAQ:KLIC – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 4th.
The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.
01). Kulicke and Soffa Industries had a net margin of 0.48% and a negative return on equity of 1.
26%. On average, equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 0.
93 EPS for the current year. Kulicke and Soffa Industries Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.
205 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.
82 dividend on an annualized basis and a dividend yield of 2.42%. Kulicke and Soffa Industries’s dividend payout ratio is currently 683.
33%. 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. Recommended Stories 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.
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