Emerald Advisers LLC Has $18.78 Million Stock Holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Emerald Advisers LLC decreased its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 402,454 shares of the semiconductor company's stock after selling 50,491 shares during the quarter. Emerald Advisers LLC owned about 0.75% of Kulicke and Soffa Industries worth $18,779,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Advisors Asset Management Inc. grew its holdings in Kulicke and Soffa Industries by 137.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 715 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 414 shares during the period. GAMMA Investing LLC grew its stake in shares of Kulicke and Soffa Industries by 61.0% during the fourth quarter. GAMMA Investing LLC now owns 1,021 shares of the semiconductor company's stock worth $48,000 after purchasing an additional 387 shares during the period. Signaturefd LLC increased its holdings in Kulicke and Soffa Industries by 35.5% in the fourth quarter. Signaturefd LLC now owns 1,061 shares of the semiconductor company's stock valued at $50,000 after purchasing an additional 278 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Kulicke and Soffa Industries in the third quarter valued at about $53,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Kulicke and Soffa Industries by 397.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,149 shares of the semiconductor company's stock worth $53,000 after buying an additional 918 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

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Analyst Ratings Changes

A number of analysts have recently commented on the company. StockNews.com raised Kulicke and Soffa Industries from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. Needham & Company LLC restated a "buy" rating and set a $53.00 price objective on shares of Kulicke and Soffa Industries 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 data from MarketBeat.com, Kulicke and Soffa Industries has a consensus rating of "Moderate Buy" and an average target price of $52.00.

Kulicke and Soffa Industries Trading Down 2.7 %

Shares of NASDAQ KLIC traded down $0.97 during mid-day trading on Thursday, reaching $34.50. 648,557 shares of the company's stock were exchanged, compared to its average volume of 500,787. Kulicke and Soffa Industries, Inc. has a twelve month low of $34.27 and a twelve month high of $53.71. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 287.50 and a beta of 1.38. The business has a fifty day simple moving average of $40.33 and a 200 day simple moving average of $44.03.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its 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%. Equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Thursday, March 20th will be given a $0.205 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.82 annualized dividend and a yield of 2.38%. Kulicke and Soffa Industries's dividend payout ratio is currently 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.