Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Shares Bought by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC increased its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 35.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 355,537 shares of the semiconductor company's stock after buying an additional 93,200 shares during the quarter. Ceredex Value Advisors LLC owned 0.66% of Kulicke and Soffa Industries worth $16,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth approximately $329,000. Barclays PLC grew its position in Kulicke and Soffa Industries by 1.4% during the fourth quarter. Barclays PLC now owns 98,000 shares of the semiconductor company's stock valued at $4,573,000 after acquiring an additional 1,396 shares during the last quarter. Covestor Ltd grew its holdings in shares of Kulicke and Soffa Industries by 27.0% in the fourth quarter. Covestor Ltd now owns 2,041 shares of the semiconductor company's stock worth $95,000 after purchasing an additional 434 shares during the last quarter. Capital Fund Management S.A. lifted its stake in Kulicke and Soffa Industries by 12.6% in the fourth quarter. Capital Fund Management S.A. now owns 37,444 shares of the semiconductor company's stock worth $1,747,000 after acquiring an additional 4,189 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Kulicke and Soffa Industries in the fourth quarter worth $2,916,000. 98.22% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KLIC has been the topic of several research reports. Needham & Company LLC restated a "buy" rating and issued a $53.00 target price on shares of Kulicke and Soffa Industries in a report on Thursday, February 6th. StockNews.com upgraded Kulicke and Soffa Industries from a "sell" rating to a "hold" rating in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $52.00.

Kulicke and Soffa Industries Trading Down 1.3 %

KLIC stock traded down $0.37 during midday trading on Monday, reaching $28.73. The stock had a trading volume of 102,669 shares, compared to its average volume of 541,816. The company's fifty day simple moving average is $35.40 and its 200 day simple moving average is $42.58. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 239.42 and a beta of 1.50. Kulicke and Soffa Industries, Inc. has a 52-week low of $26.63 and a 52-week 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 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.01). Kulicke and Soffa Industries had a negative return on equity of 1.26% and a net margin of 0.48%. Sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Thursday, March 20th were given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend was Thursday, March 20th. Kulicke and Soffa Industries's dividend payout ratio (DPR) is 683.33%.

About Kulicke and Soffa Industries

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.