Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Stock Holdings Boosted by Wasatch Advisors LP

Wasatch Advisors LP boosted its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 422,243 shares of the semiconductor company's stock after acquiring an additional 24,018 shares during the quarter. Wasatch Advisors LP owned about 0.79% of Kulicke and Soffa Industries worth $19,702,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Ceredex Value Advisors LLC grew its holdings in Kulicke and Soffa Industries by 35.5% during the 4th quarter. Ceredex Value Advisors LLC now owns 355,537 shares of the semiconductor company's stock valued at $16,589,000 after purchasing an additional 93,200 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Kulicke and Soffa Industries in the fourth quarter worth about $329,000. Barclays PLC boosted its holdings in Kulicke and Soffa Industries by 1.4% in the fourth quarter. Barclays PLC now owns 98,000 shares of the semiconductor company's stock valued at $4,573,000 after purchasing an additional 1,396 shares during the last quarter. Covestor Ltd grew its stake in Kulicke and Soffa Industries by 27.0% during the 4th quarter. Covestor Ltd now owns 2,041 shares of the semiconductor company's stock valued at $95,000 after purchasing an additional 434 shares in the last quarter. Finally, Capital Fund Management S.A. raised its position in shares of Kulicke and Soffa Industries by 12.6% in the 4th quarter. Capital Fund Management S.A. now owns 37,444 shares of the semiconductor company's stock valued at $1,747,000 after purchasing an additional 4,189 shares in the last quarter. Institutional investors and hedge funds own 98.22% of the company's stock.

Wall Street Analysts Forecast Growth

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

Kulicke and Soffa Industries Trading Up 1.9 %

Kulicke and Soffa Industries stock traded up $0.55 during mid-day trading on Tuesday, reaching $29.97. The company's stock had a trading volume of 107,033 shares, compared to its average volume of 542,460. Kulicke and Soffa Industries, Inc. has a twelve month low of $26.63 and a twelve month high of $53.71. The business has a 50 day moving average price of $35.17 and a 200-day moving average price of $42.47. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 249.59 and a beta of 1.50.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.01). Kulicke and Soffa Industries had a net margin of 0.48% and a negative return on equity of 1.26%. On average, equities analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were issued a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend was Thursday, March 20th. Kulicke and Soffa Industries's dividend payout ratio (DPR) is presently 683.33%.

Kulicke and Soffa Industries Company 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.