Media stories about KLA-Tencor (NASDAQ:KLAC) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KLA-Tencor earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 46.3144357854835 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- 23,100 Shares in KLA-Tencor Corp (KLAC) Acquired by Spark Investment Management LLC (americanbankingnews.com)
- Standard Life Aberdeen plc Increases Holdings in KLA-Tencor Corp (KLAC) (americanbankingnews.com)
- KLA-Tencor Corp (KLAC) Shares Sold by American International Group Inc. (americanbankingnews.com)
- Micron Technology Is One of the Best Tech Stocks to Own (finance.yahoo.com)
- State of Tennessee Treasury Department Purchases 31,931 Shares of KLA-Tencor Corp (KLAC) (americanbankingnews.com)
KLA-Tencor (KLAC) traded down $2.10 during trading on Thursday, reaching $111.21. 1,192,460 shares of the company traded hands, compared to its average volume of 1,650,000. KLA-Tencor has a twelve month low of $87.93 and a twelve month high of $121.65. The company has a market cap of $17,420.00, a price-to-earnings ratio of 15.96 and a beta of 1.53. The company has a quick ratio of 3.06, a current ratio of 3.73 and a debt-to-equity ratio of 2.03.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Tuesday, May 15th will be paid a dividend of $0.75 per share. This is a positive change from KLA-Tencor’s previous quarterly dividend of $0.59. This represents a $3.00 annualized dividend and a yield of 2.70%. KLA-Tencor’s dividend payout ratio (DPR) is presently 33.86%.
Several equities research analysts have recently commented on the stock. Stifel Nicolaus lifted their price target on shares of KLA-Tencor from $121.00 to $139.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. BidaskClub upgraded shares of KLA-Tencor from a “hold” rating to a “buy” rating in a research report on Wednesday, January 24th. B. Riley reiterated a “buy” rating and set a $142.00 price target (up previously from $129.00) on shares of KLA-Tencor in a research report on Monday, January 22nd. KeyCorp lifted their price target on shares of KLA-Tencor from $134.00 to $151.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Finally, Needham & Company LLC lifted their price target on shares of KLA-Tencor from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $120.57.
In other KLA-Tencor news, insider Brian M. Trafas sold 1,120 shares of KLA-Tencor stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $110.04, for a total value of $123,244.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Emiko Higashi sold 500 shares of KLA-Tencor stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $101.26, for a total transaction of $50,630.00. Following the completion of the transaction, the director now directly owns 15,229 shares in the company, valued at approximately $1,542,088.54. The disclosure for this sale can be found here. In the last ninety days, insiders sold 23,091 shares of company stock worth $2,533,647. Insiders own 0.20% of the company’s stock.
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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