Natixis Advisors LLC Invests $505,000 in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Natixis Advisors LLC acquired a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,824 shares of the semiconductor company’s stock, valued at approximately $505,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC lifted its position in shares of Kulicke and Soffa Industries by 85.2% during the 3rd quarter. Barclays PLC now owns 96,604 shares of the semiconductor company’s stock valued at $4,361,000 after buying an additional 44,429 shares during the last quarter. Citigroup Inc. lifted its holdings in Kulicke and Soffa Industries by 37.4% during the third quarter. Citigroup Inc. now owns 150,533 shares of the semiconductor company’s stock valued at $6,794,000 after purchasing an additional 40,990 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its position in Kulicke and Soffa Industries by 27.8% during the third quarter. Kovitz Investment Group Partners LLC now owns 88,712 shares of the semiconductor company’s stock worth $3,977,000 after purchasing an additional 19,279 shares during the period. Stifel Financial Corp boosted its position in Kulicke and Soffa Industries by 32.4% during the third quarter. Stifel Financial Corp now owns 48,328 shares of the semiconductor company’s stock worth $2,181,000 after purchasing an additional 11,836 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Kulicke and Soffa Industries by 8.2% in the fourth quarter. Rhumbline Advisers now owns 163,491 shares of the semiconductor company’s stock worth $7,628,000 after purchasing an additional 12,355 shares in the last quarter. 98.22% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

KLIC has been the subject of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $53.00 price objective on shares of Kulicke and Soffa Industries in a report on Thursday, February 6th. StockNews.com upgraded Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $52.00.

Kulicke and Soffa Industries Price Performance

Shares of NASDAQ:KLIC opened at $34.50 on Friday. The firm has a fifty day moving average price of $40.33 and a two-hundred day moving average price of $44.03. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 287.50 and a beta of 1.38. Kulicke and Soffa Industries, Inc. has a one year low of $34.31 and a one year high of $53.71.

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 (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.01). Kulicke and Soffa Industries had a net margin of 0.48% and a negative return on equity of 1.26%. Equities research analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Thursday, March 20th will be given a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Thursday, March 20th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 683.33%.

Kulicke and Soffa Industries Profile

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.