Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Holdings Raised by Amundi

Amundi boosted its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 200.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,898 shares of the semiconductor company’s stock after acquiring an additional 18,623 shares during the quarter. Amundi’s holdings in Kulicke and Soffa Industries were worth $1,326,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in shares of Kulicke and Soffa Industries in the fourth quarter valued at approximately $2,916,000. Proficio Capital Partners LLC acquired a new stake in Kulicke and Soffa Industries in the fourth quarter worth approximately $819,000. Assetmark Inc. boosted its stake in Kulicke and Soffa Industries by 17.6% during the 4th quarter. Assetmark Inc. now owns 28,309 shares of the semiconductor company’s stock valued at $1,321,000 after purchasing an additional 4,228 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Kulicke and Soffa Industries by 397.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,149 shares of the semiconductor company’s stock valued at $53,000 after purchasing an additional 918 shares during the period. Finally, Metis Global Partners LLC raised its stake in shares of Kulicke and Soffa Industries by 33.3% in the 4th quarter. Metis Global Partners LLC now owns 8,374 shares of the semiconductor company’s stock worth $391,000 after buying an additional 2,090 shares in the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Kulicke and Soffa Industries stock opened at $36.37 on Wednesday. The company has a market cap of $1.94 billion, a P/E ratio of 303.08 and a beta of 1.38. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $53.71. The firm’s 50 day simple moving average is $41.81 and its 200-day simple moving average is $44.31.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share for the quarter, missing the consensus estimate 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%. On average, analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on KLIC shares. Needham & Company LLC reaffirmed a “buy” rating and set a $53.00 target price on shares of Kulicke and Soffa Industries in a research note on Thursday, February 6th. StockNews.com raised shares of Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Kulicke and Soffa Industries presently has an average rating of “Moderate Buy” and a consensus target price 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.