Consolidated Portfolio Review Corp Buys 21 Shares of KLA Co. (NASDAQ:KLAC)

Consolidated Portfolio Review Corp increased its stake in shares of KLA Co. (NASDAQ:KLAC) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 827 shares of the semiconductor company’s stock after acquiring an additional 21 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in KLA were worth $521,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Mizuho Securities USA LLC raised its stake in KLA by 32,828.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 3,419,000 shares of the semiconductor company’s stock worth $2,647,708,000 after buying an additional 3,408,617 shares during the period. International Assets Investment Management LLC lifted its holdings in KLA by 76,452.4% during the third quarter. International Assets Investment Management LLC now owns 302,382 shares of the semiconductor company’s stock worth $234,168,000 after acquiring an additional 301,987 shares during the period. Van ECK Associates Corp boosted its holdings in shares of KLA by 25.7% in the 3rd quarter. Van ECK Associates Corp now owns 1,399,367 shares of the semiconductor company’s stock worth $1,083,684,000 after buying an additional 286,015 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of KLA by 6,188.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 239,404 shares of the semiconductor company’s stock valued at $185,397,000 after acquiring an additional 235,597 shares during the period. Finally, Two Sigma Advisers LP increased its position in KLA by 10,766.7% in the third quarter. Two Sigma Advisers LP now owns 228,200 shares of the semiconductor company’s stock worth $176,720,000 after buying an additional 226,100 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

KLA Price Performance

KLAC opened at $747.70 on Friday. The company’s 50-day simple moving average is $685.36 and its two-hundred day simple moving average is $716.53. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.63 and a current ratio of 2.36. The stock has a market capitalization of $100.01 billion, a P/E ratio of 31.44, a P/E/G ratio of 1.57 and a beta of 1.28. KLA Co. has a 52-week low of $608.16 and a 52-week high of $896.32.

KLA (NASDAQ:KLAC) last issued its earnings results on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.73 by $0.47. KLA had a net margin of 29.58% and a return on equity of 108.60%. As a group, analysts predict that KLA Co. will post 30.8 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on KLAC shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of KLA from $725.00 to $850.00 and gave the company a “buy” rating in a research report on Friday, January 31st. UBS Group boosted their price objective on KLA from $665.00 to $780.00 and gave the stock a “neutral” rating in a report on Tuesday, January 21st. Barclays increased their target price on KLA from $700.00 to $760.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. TD Cowen decreased their price target on shares of KLA from $760.00 to $725.00 and set a “hold” rating on the stock in a research note on Thursday, October 31st. Finally, Susquehanna upped their price objective on shares of KLA from $620.00 to $655.00 and gave the company a “neutral” rating in a research note on Wednesday, January 22nd. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $831.68.

KLA Company Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.