Dimensional Fund Advisors LP Has $122.28 Million Position in Kulicke and Soffa Industries, Inc. (KLIC)

Dimensional Fund Advisors LP cut its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 0.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 6,017,571 shares of the semiconductor company’s stock after selling 5,426 shares during the period. Dimensional Fund Advisors LP owned approximately 0.08% of Kulicke and Soffa Industries worth $122,277,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. bought a new stake in Kulicke and Soffa Industries during the fourth quarter valued at about $28,281,000. Alliancebernstein L.P. boosted its stake in Kulicke and Soffa Industries by 441.6% in the first quarter. Alliancebernstein L.P. now owns 1,584,570 shares of the semiconductor company’s stock valued at $32,198,000 after buying an additional 1,292,007 shares in the last quarter. Norges Bank bought a new stake in Kulicke and Soffa Industries during the fourth quarter valued at about $19,491,000. Acadian Asset Management LLC boosted its stake in Kulicke and Soffa Industries by 3,279.0% in the first quarter. Acadian Asset Management LLC now owns 1,087,890 shares of the semiconductor company’s stock valued at $22,107,000 after buying an additional 1,055,694 shares in the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in Kulicke and Soffa Industries during the fourth quarter valued at about $6,454,000. 94.24% of the stock is currently owned by hedge funds and other institutional investors.

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

Kulicke and Soffa Industries, Inc. (KLIC) traded down 1.53% during mid-day trading on Tuesday, reaching $20.64. 185,251 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $21.69 and its 200 day moving average price is $19.58. The stock has a market capitalization of $1.47 billion, a PE ratio of 16.92 and a beta of 1.09. Kulicke and Soffa Industries, Inc. has a 12 month low of $11.29 and a 12 month high of $23.00.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, May 3rd. The semiconductor company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.36 by $0.04. The firm had revenue of $199.60 million during the quarter, compared to analysts’ expectations of $190.89 million. Kulicke and Soffa Industries had a return on equity of 10.59% and a net margin of 12.19%. Kulicke and Soffa Industries’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same period last year, the business earned $0.07 earnings per share. Equities research analysts predict that Kulicke and Soffa Industries, Inc. will post $1.42 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was first posted by Ticker Report and is the property of of Ticker Report. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://www.tickerreport.com/banking-finance/2656085/dimensional-fund-advisors-lp-has-122-28-million-position-in-kulicke-and-soffa-industries-inc-klic.html.

KLIC has been the topic of several recent analyst reports. Zacks Investment Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 5th. ValuEngine raised shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, B. Riley reaffirmed a “buy” rating and issued a $29.50 price target on shares of Kulicke and Soffa Industries in a report on Tuesday, May 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Kulicke and Soffa Industries presently has a consensus rating of “Buy” and a consensus price target of $27.75.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:KLIC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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).

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

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Blue Apron Filed Thursday for Public Offering
Blue Apron Filed Thursday for Public Offering
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants


Leave a Reply

© 2006-2017 Ticker Report. Google+.