GS Investments Inc. Has $7.22 Million Stake in KLA Co. (NASDAQ:KLAC)

GS Investments Inc. lifted its stake in KLA Co. (NASDAQ:KLAC - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,450 shares of the semiconductor company's stock after purchasing an additional 440 shares during the period. KLA accounts for about 3.3% of GS Investments Inc.'s investment portfolio, making the stock its 5th biggest holding. GS Investments Inc.'s holdings in KLA were worth $7,215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of KLAC. Swedbank AB boosted its position in shares of KLA by 0.4% during the third quarter. Swedbank AB now owns 550,949 shares of the semiconductor company's stock valued at $426,660,000 after purchasing an additional 2,019 shares in the last quarter. United Bank purchased a new position in KLA during the third quarter valued at $339,000. AMG National Trust Bank lifted its position in KLA by 142.4% during the third quarter. AMG National Trust Bank now owns 686 shares of the semiconductor company's stock valued at $532,000 after buying an additional 403 shares during the period. Quest Partners LLC boosted its holdings in shares of KLA by 39.8% during the 3rd quarter. Quest Partners LLC now owns 1,293 shares of the semiconductor company's stock valued at $1,001,000 after buying an additional 368 shares in the last quarter. Finally, Pathstone Holdings LLC grew its position in shares of KLA by 2.1% in the 3rd quarter. Pathstone Holdings LLC now owns 17,764 shares of the semiconductor company's stock worth $13,756,000 after buying an additional 367 shares during the period. Institutional investors own 86.65% of the company's stock.

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Analysts Set New Price Targets

KLAC has been the subject of several recent research reports. The Goldman Sachs Group lifted their target price on shares of KLA from $759.00 to $864.00 and gave the company a "buy" rating in a report on Friday, January 31st. UBS Group lifted their target price on shares of KLA from $665.00 to $780.00 and gave the stock a "neutral" rating in a report on Tuesday, January 21st. Stifel Nicolaus increased their price target on shares of KLA from $800.00 to $825.00 and gave the company a "buy" rating in a report on Friday, January 31st. Deutsche Bank Aktiengesellschaft raised their price target on shares of KLA from $725.00 to $850.00 and gave the company a "buy" rating in a research report on Friday, January 31st. Finally, Barclays raised their target price on shares of KLA from $700.00 to $760.00 and gave the stock an "equal weight" rating in a report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $830.67.

KLA Price Performance

Shares of KLAC stock traded up $21.24 on Monday, hitting $727.73. 730,158 shares of the stock traded hands, compared to its average volume of 953,905. The firm has a market cap of $96.71 billion, a price-to-earnings ratio of 30.60, a PEG ratio of 1.57 and a beta of 1.30. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.36 and a quick ratio of 1.63. The firm has a 50 day simple moving average of $729.52 and a two-hundred day simple moving average of $703.24. KLA Co. has a 52 week low of $609.40 and a 52 week high of $896.32.

KLA (NASDAQ:KLAC - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The semiconductor company reported $8.20 EPS for the quarter, beating analysts' consensus estimates of $7.73 by $0.47. KLA had a return on equity of 108.60% and a net margin of 29.58%. As a group, equities research analysts predict that KLA Co. will post 31.59 earnings per share for the current fiscal year.

KLA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, February 24th were paid a $1.70 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $6.80 annualized dividend and a yield of 0.93%. KLA's payout ratio is 28.60%.

KLA Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.