Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Holdings Boosted by Signaturefd LLC

Signaturefd LLC grew its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 35.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,061 shares of the semiconductor company’s stock after purchasing an additional 278 shares during the quarter. Signaturefd LLC’s holdings in Kulicke and Soffa Industries were worth $50,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Copeland Capital Management LLC grew its stake in Kulicke and Soffa Industries by 2.3% during the 4th quarter. Copeland Capital Management LLC now owns 1,502,640 shares of the semiconductor company’s stock worth $70,113,000 after buying an additional 33,124 shares during the last quarter. Royce & Associates LP boosted its holdings in shares of Kulicke and Soffa Industries by 4.9% during the fourth quarter. Royce & Associates LP now owns 1,165,428 shares of the semiconductor company’s stock valued at $54,379,000 after acquiring an additional 54,116 shares during the period. TimesSquare Capital Management LLC grew its position in shares of Kulicke and Soffa Industries by 16.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 530,827 shares of the semiconductor company’s stock worth $24,768,000 after acquiring an additional 74,920 shares during the last quarter. Wasatch Advisors LP increased its holdings in shares of Kulicke and Soffa Industries by 10.8% in the 3rd quarter. Wasatch Advisors LP now owns 398,225 shares of the semiconductor company’s stock worth $17,972,000 after acquiring an additional 38,655 shares during the period. Finally, Principal Financial Group Inc. lifted its position in Kulicke and Soffa Industries by 1.8% in the 4th quarter. Principal Financial Group Inc. now owns 262,799 shares of the semiconductor company’s stock valued at $12,262,000 after purchasing an additional 4,613 shares during the last quarter. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Trading Up 2.1 %

Shares of NASDAQ:KLIC opened at $36.51 on Tuesday. The company has a 50 day moving average of $40.98 and a 200-day moving average of $44.17. The firm has a market cap of $1.95 billion, a P/E ratio of 304.25 and a beta of 1.38. Kulicke and Soffa Industries, Inc. has a twelve month low of $34.84 and a twelve month high of $53.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). Kulicke and Soffa Industries had a negative return on equity of 1.26% and a net margin of 0.48%. Equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Thursday, March 20th will be issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Thursday, March 20th. Kulicke and Soffa Industries’s payout ratio is currently 683.33%.

Analyst Ratings Changes

Several research analysts have commented on KLIC shares. StockNews.com upgraded shares of Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Needham & Company LLC reissued a “buy” rating and issued a $53.00 price objective on shares of Kulicke and Soffa Industries in a report on Thursday, February 6th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and a consensus price target of $52.00.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.