Kulicke and Soffa Industries, INC (NASDAQ: KLIC), the subject of a new position that D.A.
Davidson & Co added to during the third quarter, was the focus of the most recent Form 13F filing that the company has made with the Securities and Exchange Commission.
The document was submitted under the name of the company.
The company invested approximately $287,500 to purchase 7,459 shares of stock in a manufacturer of semiconductors.
During the past few months, various other institutional investors have each changed the interests they currently hold in the company. State Street Corporation’s holdings in Kulicke and Soffa Industries increased by 4.9% during the first three months of 2018 due to the company’s purchases.
After making an additional purchase of 95,909 shares during the most recent quarter, State Street Corp. now owns a total of 2,058,052 shares of the semiconductor company’s stock.
The value of these shares stands at $115,628,000. Victory Capital Management INC increased the proportion of Kulicke and Soffa Industries in its portfolio by 7.4% during the third quarter. Victory Capital Management INC now has a total of 1,714,827 shares of the semiconductor company’s stock, which are currently valued at $66,072,000 following the purchase of an additional 117,791 shares during the most recent quarter.
The portfolio of holdings managed by Russell Investments Group Ltd saw an increase of 11.5% in the number of shares of Kulicke and Soffa Industries over the third quarter. Russell Investments Group Ltd now has 647,733 shares of the stock held by the semiconductor business after making an additional purchase of 66,647 shares during the most recent fiscal quarter.
There is a total value of $24,955,000 associated with these shares.
Price T. Rowe Associates INC (MD), over the second quarter, brought the total amount of Kulicke and Soffa Industries stock that it owned to a level that was 0.3% higher than before. Following the purchase of 1,557 additional shares during the most recent fiscal quarter, Price T. Rowe Associates INC (MD) now owns a total of 581,162 shares of the semiconductor company’s stock.
Based on the current market price, this gives the company a value of $24,880,000.
Last but not least, during the third quarter, Pacer Advisors INC increased the percentage of Kulicke and Soffa Industries stock owned by 42.7%.
This certainly should not be considered the least important development.
The recent acquisition of 138,126 additional shares brought the total shares in the semiconductor company owned by Pacer Advisors INC to 461,548.
The price at which these shares are currently trading on the market is $17,783,000.
The vast majority of the company’s shares are owned by institutional investors and hedge funds, making up 98.95% of the total.
For $56.53, the NASDAQ KLIC market opened for trading for the first time on Monday.
The company’s stock price is currently trading at $48.21, which is higher than its simple moving average for the past 50 days but lower than the simple moving average for the past 200 days by $45.27.
The company’s market capitalization is currently sitting at $3.22 billion, its price-to-earnings ratio stands at 10.87, and its beta stands at 1.39.
During the last 52 weeks, the price of Kulicke and Soffa Industries, INC, shared by investors, has ranged from a low of $35.95 to a high of $62.16.
On February 2, the most recent quarterly earnings report for Kulicke and Soffa Industries (NASDAQ: KLIC) was made public for the investing community.
The semiconductor division’s earnings for the quarter came in at $0.37 per share, which was $0.13 more than the consensus estimate of $0.24 per share among industry analysts.
The revenue for the quarter was $176.20 million, which is higher than the average projection of $176.49 million, which was also higher than the actual revenue.
The return on equity and the net margin for Kulicke and Soffa Industries came in at 28.72% and 25.60%, respectively.
The company’s revenue dropped by 61.8% compared to the level it reached the year before.
The company had a profit per share of $2.19 during the same period the year before when the same period was compared.
This current fiscal year is expected to result in earnings of 1.83 cents per share for Kulicke and Soffa Industries, INC, according to projections made by industry analysts.
In addition, the company recently announced and paid out a quarterly dividend, which was done on the 9th of this month.
The dividend was declared on the previous business day. Shareholders who had their date of record as of the previous business day were eligible to receive $0.19 dividend payments per share, which were disbursed on December 22.
As of December 21, it was considered that this dividend had been paid out in its entirety 9th of this month.
The dividend was declared on the previous business day. Shareholders who had their date of record as of the previous business day were eligible to receive $0.19 dividend payments per share, which were disbursed on December 22.
As of December 21, it was considered that this dividend had been paid out in its entirety.
The previous dividend payment that Kulicke and Soffa Industries made to shareholders was $0.17 per quarter.
This new payment represents an increase over that dividend payment.
This results in a dividend payment of $0.76 on an annualized basis and a dividend yield of 1.34%.
The annualized dividend payment is calculated as follows: At this time, Kulicke and Soffa Industries’ dividend payout ratio (also known as DPR) stands at 14.62 percent.
Additionally, on Tuesday, December 13, Senior Vice President of Operations Robert Nestor Chylak sold 3,178 shares of company stock.
This was reported in another piece of news.
During the transaction, the stock was sold for a total price of $155,658.44, which works out to $48.98 per share on an individual basis.
Because of the transaction, the senior vice president now has direct ownership of 23,693 company shares, and the total value of those shares is approximately 1,160,483.14 dollars. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link.
In this file, the transaction is described in greater detail.
Additionally, on Tuesday, December 13, Senior Vice President of Operations Robert Nestor Chylak sold 3,178 shares of company stock.
This was reported in another piece of news.
During the transaction, the stock was sold for a total price of $155,658.44, which works out to $48.98 per share on an individual basis.
Because of the transaction, the senior vice president now has direct ownership of 23,693 company shares, and the total value of those shares is approximately 1,160,483.14 dollars. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link.
In this file, the transaction is described in greater detail.
In addition, on December 7, 24,559 shares of the company’s stock were sold by Fusen Ernie Chen, the organization’s Chief Executive Officer.
The sale of the shares generated total revenue of 1,166,061.32 dollars, with the average price at which each share was sold being 47.48 dollars.
The transaction resulted in the company’s chief executive officer acquiring 975,097 shares of the company’s stock, which currently have a value of $46,297,605.56.
Disclosures that are related to the sale might be found in this section of the website.
Insiders of the company have sold 71,749 shares over the last three months, bringing in a total of $3,346,757 in proceeds.
The company’s management and employees collectively own 3.10 percent of the company’s shares.
Recently, several equity analysts have produced research on the company that they have compiled and analyzed on their own accord.
B. Riley upgraded its rating on Kulicke and Soffa Industries from “neutral” to “buy” and increased its price target to $45.00 in a research note published on Friday.
Both the “buy” rating and the target price for Kulicke and Soffa Industries were raised by Craig Hallum, with the former being disclosed in a research note that was made available on Friday and the latter being increased from $60.00 to $70.00.
DA Davidson stated in a research note published on Friday, November 18, that they would be increasing their target price for Kulicke and Soffa Industries from $55.00 to $60.00.
This increase came as a result of the company’s recent performance.
Last but not least, on October 12, StockNews.com published a research note on Kulicke and Soffa Industries, which marked the beginning of the website’s coverage of the company.
They recommended that shareholders “hold” their shares of the company.
Leave a comment