WINTON GROUP Ltd bought a new position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 117,693 shares of the semiconductor company's stock, valued at approximately $5,492,000. WINTON GROUP Ltd owned approximately 0.22% of Kulicke and Soffa Industries as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of KLIC. Advisors Asset Management Inc. boosted its position in Kulicke and Soffa Industries by 137.5% in the third quarter. Advisors Asset Management Inc. now owns 715 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 414 shares during the last quarter. Intech Investment Management LLC purchased a new stake in Kulicke and Soffa Industries in the third quarter worth $608,000. Citigroup Inc. raised its stake in shares of Kulicke and Soffa Industries by 37.4% in the third quarter. Citigroup Inc. now owns 150,533 shares of the semiconductor company's stock valued at $6,794,000 after buying an additional 40,990 shares during the period. D.A. Davidson & CO. lifted its position in shares of Kulicke and Soffa Industries by 9.3% during the 3rd quarter. D.A. Davidson & CO. now owns 10,551 shares of the semiconductor company's stock valued at $476,000 after buying an additional 900 shares during the last quarter. Finally, FMR LLC increased its holdings in Kulicke and Soffa Industries by 308.6% in the 3rd quarter. FMR LLC now owns 13,369 shares of the semiconductor company's stock worth $603,000 after acquiring an additional 10,097 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company's stock.
Analyst Upgrades and Downgrades
KLIC has been the subject of a number of research reports. StockNews.com upgraded shares of 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 objective 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 stock. According to MarketBeat.com, Kulicke and Soffa Industries has an average rating of "Moderate Buy" and a consensus price target of $52.00.
View Our Latest Research Report on KLIC
Kulicke and Soffa Industries Price Performance
Shares of KLIC traded down $1.01 during midday trading on Monday, hitting $32.06. 98,865 shares of the company traded hands, compared to its average volume of 513,990. The stock has a 50-day moving average of $40.04 and a 200-day moving average of $44.05. Kulicke and Soffa Industries, Inc. has a one year low of $31.78 and a one year high of $53.71. The firm has a market cap of $1.71 billion, a P/E ratio of 267.46 and a beta of 1.38.
Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last posted its 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%. Sell-side analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.
Kulicke and Soffa Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Thursday, March 20th will be paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Thursday, March 20th. Kulicke and Soffa Industries's dividend payout ratio is 683.33%.
About Kulicke and Soffa Industries
(
Free Report)
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.
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