Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,278,512 shares of the semiconductor company's stock after purchasing an additional 50,430 shares during the period. Vanguard Group Inc. owned about 6.11% of Kulicke and Soffa Industries worth $152,975,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC boosted its stake in shares of Kulicke and Soffa Industries by 85.2% during the 3rd quarter. Barclays PLC now owns 96,604 shares of the semiconductor company's stock valued at $4,361,000 after buying an additional 44,429 shares during the last quarter. Kovitz Investment Group Partners LLC raised its holdings in Kulicke and Soffa Industries by 27.8% in the third quarter. Kovitz Investment Group Partners LLC now owns 88,712 shares of the semiconductor company's stock valued at $3,977,000 after acquiring an additional 19,279 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Kulicke and Soffa Industries during the 4th quarter valued at $548,000. Stifel Financial Corp grew its holdings in Kulicke and Soffa Industries by 32.4% during the 3rd quarter. Stifel Financial Corp now owns 48,328 shares of the semiconductor company's stock worth $2,181,000 after acquiring an additional 11,836 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Kulicke and Soffa Industries by 8.2% in the 4th quarter. Rhumbline Advisers now owns 163,491 shares of the semiconductor company's stock worth $7,628,000 after purchasing an additional 12,355 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company's stock.

Kulicke and Soffa Industries Trading Up 1.6 %

KLIC traded up $0.47 on Friday, hitting $29.87. 560,588 shares of the company's stock were exchanged, compared to its average volume of 539,863. The stock has a fifty day moving average of $36.64 and a two-hundred day moving average of $43.13. Kulicke and Soffa Industries, Inc. has a twelve month low of $26.63 and a twelve month high of $53.71. The firm has a market cap of $1.59 billion, a PE ratio of 248.92 and a beta of 1.50.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates 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, analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were given a dividend of $0.205 per share. The ex-dividend date was Thursday, March 20th. This represents a $0.82 annualized dividend and a dividend yield of 2.75%. Kulicke and Soffa Industries's dividend payout ratio is currently 683.33%.

Analyst Ratings Changes

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

Kulicke and Soffa Industries Profile

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.