Natixis Advisors LLC Acquires Shares of 10,824 Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Natixis Advisors LLC purchased a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 10,824 shares of the semiconductor company's stock, valued at approximately $505,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Kulicke and Soffa Industries by 1.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,735 shares of the semiconductor company's stock worth $891,000 after purchasing an additional 250 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in 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 worth $2,333,000 after buying an additional 298 shares during the last quarter. Personal CFO Solutions LLC raised its position in Kulicke and Soffa Industries by 6.5% during the fourth quarter. Personal CFO Solutions LLC now owns 5,576 shares of the semiconductor company's stock worth $260,000 after acquiring an additional 341 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in Kulicke and Soffa Industries by 1.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 36,329 shares of the semiconductor company's stock valued at $1,695,000 after acquiring an additional 371 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Kulicke and Soffa Industries by 61.0% in the 4th quarter. GAMMA Investing LLC now owns 1,021 shares of the semiconductor company's stock valued at $48,000 after acquiring an additional 387 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

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Kulicke and Soffa Industries Stock Down 0.2 %

Shares of NASDAQ KLIC traded down $0.08 during mid-day trading on Monday, reaching $32.98. 785,898 shares of the company were exchanged, compared to its average volume of 516,695. The stock has a market capitalization of $1.76 billion, a P/E ratio of 274.83 and a beta of 1.38. The company's 50-day simple moving average is $39.75 and its 200-day simple moving average is $44.01. Kulicke and Soffa Industries, Inc. has a twelve month low of $31.78 and a twelve month high of $53.71.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share (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%. As a group, equities research analysts expect 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Thursday, March 20th will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Thursday, March 20th. Kulicke and Soffa Industries's dividend payout ratio is 683.33%.

Analyst Upgrades and Downgrades

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