Capital Fund Management S.A. Takes Position in Kulicke and Soffa Industries Inc. (KLIC)

Capital Fund Management S.A. bought a new stake in shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 18,700 shares of the semiconductor company’s stock, valued at approximately $455,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wells Fargo & Company MN increased its position in Kulicke and Soffa Industries by 71.4% during the 4th quarter. Wells Fargo & Company MN now owns 5,879 shares of the semiconductor company’s stock valued at $143,000 after purchasing an additional 2,449 shares during the period. Envestnet Asset Management Inc. increased its position in Kulicke and Soffa Industries by 43.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,079 shares of the semiconductor company’s stock valued at $195,000 after purchasing an additional 2,731 shares during the period. LS Investment Advisors LLC grew its position in shares of Kulicke and Soffa Industries by 247.1% in the 4th quarter. LS Investment Advisors LLC now owns 8,536 shares of the semiconductor company’s stock worth $208,000 after buying an additional 6,077 shares during the last quarter. Fox Run Management L.L.C. purchased a new position in shares of Kulicke and Soffa Industries in the 4th quarter worth approximately $263,000. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Kulicke and Soffa Industries in the 3rd quarter worth approximately $301,000. 82.08% of the stock is currently owned by institutional investors and hedge funds.

KLIC has been the topic of a number of analyst reports. ValuEngine raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. BidaskClub downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. B. Riley reaffirmed a “buy” rating and issued a $31.00 price objective on shares of Kulicke and Soffa Industries in a research report on Monday, November 13th. Zacks Investment Research downgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. Finally, DA Davidson lifted their price objective on shares of Kulicke and Soffa Industries to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $28.38.

Kulicke and Soffa Industries Inc. (KLIC) opened at $22.79 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.72 and a quick ratio of 5.08. Kulicke and Soffa Industries Inc. has a 12-month low of $18.22 and a 12-month high of $28.71. The stock has a market cap of $1,607.12, a P/E ratio of 11.16, a PEG ratio of 0.85 and a beta of 1.36.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.28. Kulicke and Soffa Industries had a net margin of 3.10% and a return on equity of 16.70%. The firm had revenue of $213.70 million for the quarter, compared to the consensus estimate of $189.48 million. During the same quarter in the previous year, the firm earned $0.22 EPS. The company’s quarterly revenue was up 42.8% compared to the same quarter last year. research analysts forecast that Kulicke and Soffa Industries Inc. will post 2.23 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/02/24/capital-fund-management-s-a-takes-position-in-kulicke-and-soffa-industries-inc-klic.html.

About Kulicke and Soffa Industries

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.

Want to see what other hedge funds are holding KLIC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kulicke and Soffa Industries Inc. (NASDAQ:KLIC).

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

Receive News & Ratings for Kulicke and Soffa Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kulicke and Soffa Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply