Legal & General Group Plc Purchases 4,096 Shares of Kulicke and Soffa Industries Inc. (KLIC)

Legal & General Group Plc boosted its position in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 125,597 shares of the semiconductor company’s stock after purchasing an additional 4,096 shares during the quarter. Legal & General Group Plc owned about 0.18% of Kulicke and Soffa Industries worth $2,709,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KLIC. Bank of Montreal Can raised its stake in Kulicke and Soffa Industries by 6.2% in the 2nd quarter. Bank of Montreal Can now owns 9,143 shares of the semiconductor company’s stock valued at $173,000 after purchasing an additional 532 shares during the last quarter. Aperio Group LLC increased its stake in shares of Kulicke and Soffa Industries by 0.9% in the 2nd quarter. Aperio Group LLC now owns 20,973 shares of the semiconductor company’s stock worth $399,000 after acquiring an additional 180 shares during the last quarter. Sei Investments Co. increased its stake in shares of Kulicke and Soffa Industries by 10.5% in the 2nd quarter. Sei Investments Co. now owns 46,286 shares of the semiconductor company’s stock worth $881,000 after acquiring an additional 4,382 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Kulicke and Soffa Industries by 2.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 234,401 shares of the semiconductor company’s stock worth $4,459,000 after acquiring an additional 6,124 shares during the last quarter. Finally, Arizona State Retirement System increased its stake in shares of Kulicke and Soffa Industries by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 37,063 shares of the semiconductor company’s stock worth $705,000 after acquiring an additional 100 shares during the last quarter. 85.44% of the stock is owned by hedge funds and other institutional investors.

Shares of Kulicke and Soffa Industries Inc. (NASDAQ KLIC) opened at $23.98 on Wednesday. The company has a current ratio of 4.76, a quick ratio of 4.15 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $1,690.00, a PE ratio of 15.47, a P/E/G ratio of 1.20 and a beta of 1.38. Kulicke and Soffa Industries Inc. has a 52-week low of $15.84 and a 52-week high of $28.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.15. The firm had revenue of $215.89 million during the quarter, compared to the consensus estimate of $208.20 million. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. The company’s quarterly revenue was up 48.0% on a year-over-year basis. During the same period last year, the company earned $0.15 EPS. analysts predict that Kulicke and Soffa Industries Inc. will post 1.69 earnings per share for the current fiscal year.

A number of analysts have issued reports on KLIC shares. Bank of America raised their target price on Kulicke and Soffa Industries from $15.50 to $18.50 and gave the stock an “underperform” rating in a research note on Wednesday, November 15th. DA Davidson raised their target price on Kulicke and Soffa Industries to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, November 15th. B. Riley reaffirmed a “buy” rating and issued a $31.00 target price on shares of Kulicke and Soffa Industries in a research note on Monday, November 13th. Zacks Investment Research raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday, September 6th. Finally, BidaskClub downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. Kulicke and Soffa Industries currently has a consensus rating of “Buy” and an average price target of $27.38.

WARNING: “Legal & General Group Plc Purchases 4,096 Shares of Kulicke and Soffa Industries Inc. (KLIC)” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://www.com-unik.info/2017/12/27/legal-general-group-plc-purchases-4096-shares-of-kulicke-and-soffa-industries-inc-klic.html.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools.

Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

What are top analysts saying about Kulicke and Soffa Industries? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Kulicke and Soffa Industries and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit