First Quadrant L P CA Purchases 136,061 Shares of KLA-Tencor Corporation (KLAC)

First Quadrant L P CA grew its stake in KLA-Tencor Corporation (NASDAQ:KLAC) by 1,030.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,271 shares of the semiconductor company’s stock after acquiring an additional 136,061 shares during the quarter. First Quadrant L P CA owned about 0.10% of KLA-Tencor Corporation worth $15,823,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Adviser Investments LLC increased its stake in shares of KLA-Tencor Corporation by 39.8% in the 3rd quarter. Adviser Investments LLC now owns 38,524 shares of the semiconductor company’s stock worth $4,084,000 after acquiring an additional 10,965 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of KLA-Tencor Corporation by 1.4% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 322,270 shares of the semiconductor company’s stock worth $29,491,000 after acquiring an additional 4,477 shares during the last quarter. Utah Retirement Systems increased its stake in shares of KLA-Tencor Corporation by 0.4% in the 2nd quarter. Utah Retirement Systems now owns 28,630 shares of the semiconductor company’s stock worth $2,620,000 after acquiring an additional 100 shares during the last quarter. OMERS ADMINISTRATION Corp increased its stake in shares of KLA-Tencor Corporation by 120.8% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 40,400 shares of the semiconductor company’s stock worth $3,697,000 after acquiring an additional 22,100 shares during the last quarter. Finally, Laurion Capital Management LP increased its stake in shares of KLA-Tencor Corporation by 2,095.3% in the 2nd quarter. Laurion Capital Management LP now owns 92,201 shares of the semiconductor company’s stock worth $8,438,000 after acquiring an additional 88,001 shares during the last quarter. 89.08% of the stock is owned by institutional investors and hedge funds.

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A number of analysts have issued reports on KLAC shares. Stifel Nicolaus raised KLA-Tencor Corporation from a “hold” rating to a “buy” rating and raised their target price for the stock from $103.00 to $106.00 in a research note on Sunday, August 6th. They noted that the move was a valuation call. Credit Suisse Group reaffirmed an “outperform” rating on shares of KLA-Tencor Corporation in a research note on Thursday, August 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 target price on shares of KLA-Tencor Corporation in a research note on Thursday, October 19th. Cowen and Company reaffirmed a “buy” rating and issued a $120.00 target price on shares of KLA-Tencor Corporation in a research note on Tuesday, July 11th. Finally, B. Riley reissued a “buy” rating and set a $129.00 price objective (up from $120.00) on shares of KLA-Tencor Corporation in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. KLA-Tencor Corporation currently has a consensus rating of “Hold” and a consensus target price of $107.51.

In other news, SVP Virendra A. Kirloskar sold 6,307 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.15, for a total value of $562,269.05. Following the completion of the sale, the senior vice president now owns 2,022 shares of the company’s stock, valued at $180,261.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Virendra A. Kirloskar sold 436 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $91.99, for a total value of $40,107.64. Following the completion of the sale, the senior vice president now directly owns 297 shares of the company’s stock, valued at approximately $27,321.03. The disclosure for this sale can be found here. Insiders sold 83,672 shares of company stock valued at $7,648,832 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Shares of KLA-Tencor Corporation (NASDAQ:KLAC) traded down 0.30% during midday trading on Tuesday, hitting $107.03. The stock had a trading volume of 249,568 shares. KLA-Tencor Corporation has a one year low of $73.30 and a one year high of $109.78. The stock has a 50 day moving average of $103.56 and a 200-day moving average of $99.02. The company has a market cap of $16.79 billion, a P/E ratio of 18.20 and a beta of 1.68.

KLA-Tencor Corporation (NASDAQ:KLAC) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.17. KLA-Tencor Corporation had a return on equity of 84.61% and a net margin of 27.82%. The company had revenue of $970.00 million during the quarter, compared to the consensus estimate of $946.86 million. During the same quarter in the prior year, the business earned $1.16 earnings per share. The company’s revenue was up 29.2% compared to the same quarter last year. Analysts forecast that KLA-Tencor Corporation will post $7.12 EPS for the current fiscal year.

KLA-Tencor Corporation Profile

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

Institutional Ownership by Quarter for KLA-Tencor Corporation (NASDAQ:KLAC)

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