WINTON GROUP Ltd Takes Position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

WINTON GROUP Ltd bought a new position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 117,693 shares of the semiconductor company’s stock, valued at approximately $5,492,000. WINTON GROUP Ltd owned approximately 0.22% of Kulicke and Soffa Industries at the end of the most recent quarter.

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

Kulicke and Soffa Industries Price Performance

NASDAQ:KLIC opened at $35.47 on Thursday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 295.58 and a beta of 1.38. Kulicke and Soffa Industries, Inc. has a 1-year low of $34.84 and a 1-year high of $53.71. The firm’s fifty day moving average price is $40.57 and its 200 day moving average price is $44.09.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share (EPS) 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%. As a group, analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th will be issued a $0.205 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.31%. Kulicke and Soffa Industries’s dividend payout ratio is presently 683.33%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on KLIC. 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 restated a “buy” rating and issued a $53.00 price objective on shares of Kulicke and Soffa Industries 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 stock. According to data from MarketBeat, Kulicke and Soffa Industries presently has an average rating of “Moderate Buy” and an average 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.