Mirabella Financial Services LLP Takes Position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Mirabella Financial Services LLP bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 30,025 shares of the semiconductor company's stock, valued at approximately $1,401,000. Mirabella Financial Services LLP owned about 0.06% of Kulicke and Soffa Industries as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC boosted its holdings in Kulicke and Soffa Industries by 35.5% during the 4th quarter. Signaturefd LLC now owns 1,061 shares of the semiconductor company's stock valued at $50,000 after acquiring an additional 278 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Kulicke and Soffa Industries by 0.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 50,007 shares of the semiconductor company's stock valued at $2,333,000 after buying an additional 298 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in Kulicke and Soffa Industries by 6.5% in the fourth quarter. Personal CFO Solutions LLC now owns 5,576 shares of the semiconductor company's stock valued at $260,000 after acquiring an additional 341 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Kulicke and Soffa Industries by 1.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 36,329 shares of the semiconductor company's stock worth $1,695,000 after purchasing an additional 371 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Kulicke and Soffa Industries by 43.4% during the fourth quarter. Quadrant Capital Group LLC now owns 1,225 shares of the semiconductor company's stock worth $57,000 after acquiring an additional 371 shares during the last quarter. 98.22% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Stock Up 0.2 %

Shares of NASDAQ:KLIC traded up $0.08 during trading on Friday, reaching $32.08. 375,774 shares of the company's stock traded hands, compared to its average volume of 545,863. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $53.71. The company has a 50-day simple moving average of $34.35 and a 200-day simple moving average of $42.13. The firm has a market cap of $1.71 billion, a PE ratio of 267.33 and a beta of 1.50.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share 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%. On average, equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend was Thursday, March 20th. Kulicke and Soffa Industries's dividend payout ratio is presently 683.33%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. StockNews.com raised Kulicke and Soffa Industries from a "sell" rating to a "hold" rating in a research report on Thursday, February 6th. Needham & Company LLC reaffirmed a "buy" rating and issued a $53.00 price target on shares of Kulicke and Soffa Industries in a report on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $52.00.

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.