Candriam Luxembourg S.C.A. raised its holdings in shares of KLA-Tencor Corporation (NASDAQ:KLAC) by 62.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 75,999 shares of the semiconductor company’s stock after acquiring an additional 29,306 shares during the period. Candriam Luxembourg S.C.A.’s holdings in KLA-Tencor Corporation were worth $8,056,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Sun Life Financial INC raised its position in shares of KLA-Tencor Corporation by 14,300.0% during the 2nd quarter. Sun Life Financial INC now owns 1,152 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 1,144 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of KLA-Tencor Corporation by 300.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the semiconductor company’s stock valued at $106,000 after buying an additional 750 shares in the last quarter. Grove Bank & Trust increased its position in shares of KLA-Tencor Corporation by 30.2% in the 2nd quarter. Grove Bank & Trust now owns 1,250 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 290 shares in the last quarter. Bristlecone Advisors LLC bought a new stake in shares of KLA-Tencor Corporation in the 3rd quarter valued at $148,000. Finally, Checchi Capital Advisers LLC increased its position in shares of KLA-Tencor Corporation by 2.0% in the 2nd quarter. Checchi Capital Advisers LLC now owns 2,205 shares of the semiconductor company’s stock valued at $202,000 after buying an additional 44 shares in the last quarter. Institutional investors own 89.89% of the company’s stock.
A number of analysts recently commented on KLAC shares. Credit Suisse Group restated an “outperform” rating on shares of KLA-Tencor Corporation in a research report on Thursday, August 31st. Goldman Sachs Group, Inc. (The) cut shares of KLA-Tencor Corporation from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $108.00 to $97.00 in a research report on Wednesday, September 13th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 target price on shares of KLA-Tencor Corporation in a report on Friday, September 1st. BidaskClub cut KLA-Tencor Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, KeyCorp reiterated a “hold” rating on shares of KLA-Tencor Corporation in a report on Sunday, October 15th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $107.51.
Shares of KLA-Tencor Corporation (NASDAQ KLAC) traded up $0.04 during mid-day trading on Friday, reaching $102.44. 2,176,400 shares of the company’s stock traded hands, compared to its average volume of 1,534,119. The company has a debt-to-equity ratio of 1.72, a current ratio of 3.11 and a quick ratio of 2.59. The firm has a market capitalization of $16,053.17, a P/E ratio of 15.57 and a beta of 1.68. KLA-Tencor Corporation has a 1 year low of $74.20 and a 1 year high of $110.00.
KLA-Tencor Corporation (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.17. The firm had revenue of $970.00 million during the quarter, compared to the consensus estimate of $946.86 million. KLA-Tencor Corporation had a net margin of 27.82% and a return on equity of 84.61%. The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period last year, the business posted $1.16 earnings per share. research analysts forecast that KLA-Tencor Corporation will post 7.16 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $2.36 annualized dividend and a yield of 2.30%. KLA-Tencor Corporation’s dividend payout ratio (DPR) is presently 36.14%.
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In other news, insider Bobby R. Bell sold 3,526 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $89.93, for a total transaction of $317,093.18. Following the transaction, the insider now directly owns 9,633 shares of the company’s stock, valued at $866,295.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard P. Wallace sold 37,377 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $90.86, for a total transaction of $3,396,074.22. Following the transaction, the insider now directly owns 58,831 shares in the company, valued at $5,345,384.66. The disclosure for this sale can be found here. Insiders have sold 59,964 shares of company stock worth $5,623,855 over the last ninety days. Insiders own 0.20% of the company’s stock.
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.
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