WINTON GROUP Ltd Raises Stock Holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS)

WINTON GROUP Ltd grew its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 63.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,848 shares of the semiconductor company's stock after purchasing an additional 5,763 shares during the period. WINTON GROUP Ltd's holdings in Axcelis Technologies were worth $1,037,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ACLS. Signaturefd LLC boosted its holdings in shares of Axcelis Technologies by 90.6% in the fourth quarter. Signaturefd LLC now owns 364 shares of the semiconductor company's stock worth $25,000 after buying an additional 173 shares during the last quarter. Avior Wealth Management LLC boosted its stake in shares of Axcelis Technologies by 1,153.8% during the 4th quarter. Avior Wealth Management LLC now owns 489 shares of the semiconductor company's stock worth $34,000 after acquiring an additional 450 shares during the last quarter. Capital Advisors Ltd. LLC grew its position in shares of Axcelis Technologies by 1,415.2% during the 4th quarter. Capital Advisors Ltd. LLC now owns 500 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 467 shares during the period. Blue Trust Inc. increased its stake in shares of Axcelis Technologies by 85.5% in the 4th quarter. Blue Trust Inc. now owns 627 shares of the semiconductor company's stock worth $44,000 after purchasing an additional 289 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Axcelis Technologies by 184.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 668 shares of the semiconductor company's stock valued at $47,000 after purchasing an additional 433 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company's stock.

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Axcelis Technologies Stock Up 0.7 %

NASDAQ:ACLS traded up $0.35 during trading hours on Wednesday, reaching $50.67. The company's stock had a trading volume of 73,782 shares, compared to its average volume of 617,105. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.05 and a current ratio of 5.41. The company has a market capitalization of $1.63 billion, a P/E ratio of 8.23, a price-to-earnings-growth ratio of 4.52 and a beta of 1.62. The stock has a 50 day moving average price of $60.94 and a two-hundred day moving average price of $75.41. Axcelis Technologies, Inc. has a 12 month low of $47.23 and a 12 month high of $158.61.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. Equities analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Axcelis Technologies announced that its board has authorized a stock repurchase program on Wednesday, March 12th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts recently issued reports on ACLS shares. Craig Hallum decreased their target price on 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 report on Wednesday, February 12th. Finally, William Blair downgraded shares of Axcelis Technologies from an "outperform" rating to a "market perform" rating in a research note 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.com, the stock has a consensus rating of "Hold" and an average price target of $154.00.

About Axcelis Technologies

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.