Nomura Holdings Inc. lifted its position in KLA-Tencor Corp (NASDAQ:KLAC) by 148.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,851 shares of the semiconductor company’s stock after buying an additional 10,665 shares during the quarter. Nomura Holdings Inc.’s holdings in KLA-Tencor were worth $1,596,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently modified their holdings of the company. Resources Investment Advisors Inc. acquired a new position in KLA-Tencor during the 4th quarter valued at $29,000. JOYN Advisors Inc. raised its stake in KLA-Tencor by 251.0% during the 4th quarter. JOYN Advisors Inc. now owns 344 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 246 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in KLA-Tencor by 9,077.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,709,361 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 3,668,943 shares during the last quarter. Whittier Trust Co. raised its stake in KLA-Tencor by 73.7% during the 4th quarter. Whittier Trust Co. now owns 773 shares of the semiconductor company’s stock valued at $69,000 after purchasing an additional 328 shares during the last quarter. Finally, Quantamental Technologies LLC acquired a new position in shares of KLA-Tencor in the 4th quarter valued at $72,000. Institutional investors and hedge funds own 91.29% of the company’s stock.
In other news, Director Emiko Higashi sold 2,141 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $117.43, for a total value of $251,417.63. Following the sale, the director now owns 8,780 shares of the company’s stock, valued at approximately $1,031,035.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Brian M. Trafas sold 1,114 shares of the company’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $107.00, for a total transaction of $119,198.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,775 shares of company stock worth $979,331. 0.19% of the stock is owned by insiders.
KLA-Tencor (NASDAQ:KLAC) last posted its earnings results on Tuesday, January 29th. The semiconductor company reported $2.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.20 by $0.24. KLA-Tencor had a net margin of 33.01% and a return on equity of 92.44%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the firm earned $1.97 EPS. Analysts expect that KLA-Tencor Corp will post 8.44 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 15th were issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Thursday, February 14th. KLA-Tencor’s payout ratio is 37.50%.
A number of equities analysts have recently issued reports on KLAC shares. JPMorgan Chase & Co. started coverage on shares of KLA-Tencor in a research note on Thursday, March 7th. They issued an “overweight” rating and a $160.00 price objective for the company. ValuEngine upgraded shares of KLA-Tencor from a “sell” rating to a “hold” rating in a research note on Friday, January 25th. Deutsche Bank increased their price objective on shares of KLA-Tencor from $105.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, February 25th. BidaskClub upgraded shares of KLA-Tencor from a “hold” rating to a “buy” rating in a research note on Saturday, February 23rd. Finally, Zacks Investment Research upgraded shares of KLA-Tencor from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research note on Friday, January 18th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $130.92.
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KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.
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