Bailard Inc. Takes Position in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC)

Bailard Inc. acquired a new position in shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 39,200 shares of the semiconductor company’s stock, valued at approximately $954,000. Bailard Inc. owned about 0.06% of Kulicke and Soffa Industries at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of KLIC. Advisor Group Inc. increased its holdings in shares of Kulicke and Soffa Industries by 11,247.9% in the second quarter. Advisor Group Inc. now owns 8,057 shares of the semiconductor company’s stock valued at $153,000 after purchasing an additional 7,986 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Kulicke and Soffa Industries by 43.0% in the third quarter. Envestnet Asset Management Inc. now owns 9,079 shares of the semiconductor company’s stock valued at $195,000 after purchasing an additional 2,731 shares during the period. LS Investment Advisors LLC increased its holdings in shares of Kulicke and Soffa Industries by 247.1% in the fourth quarter. LS Investment Advisors LLC now owns 8,536 shares of the semiconductor company’s stock valued at $208,000 after purchasing an additional 6,077 shares during the period. Fox Run Management L.L.C. acquired a new position in shares of Kulicke and Soffa Industries in the fourth quarter valued at about $263,000. Finally, Piedmont Investment Advisors LLC acquired a new position in shares of Kulicke and Soffa Industries in the second quarter valued at about $292,000. Hedge funds and other institutional investors own 82.08% of the company’s stock.

KLIC has been the topic of a number of research reports. BidaskClub raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 6th. DA Davidson raised their target price on Kulicke and Soffa Industries to $35.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. ValuEngine raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. B. Riley reaffirmed a “buy” rating and set a $31.00 target price on shares of Kulicke and Soffa Industries in a report on Monday, November 13th. Finally, Zacks Investment Research lowered Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. Kulicke and Soffa Industries presently has an average rating of “Buy” and a consensus price target of $28.38.

Kulicke and Soffa Industries Inc. (KLIC) opened at $22.79 on Friday. The stock has a market capitalization of $1,607.12, a P/E ratio of 63.31, a price-to-earnings-growth ratio of 0.85 and a beta of 1.36. The company has a current ratio of 5.72, a quick ratio of 5.08 and a debt-to-equity ratio of 0.02. Kulicke and Soffa Industries Inc. has a 1 year low of $18.22 and a 1 year high of $28.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, January 31st. The semiconductor company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.28. The business had revenue of $213.70 million for the quarter, compared to the consensus estimate of $189.48 million. Kulicke and Soffa Industries had a return on equity of 16.70% and a net margin of 3.10%. The business’s quarterly revenue was up 42.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 earnings per share. equities analysts forecast that Kulicke and Soffa Industries Inc. will post 2.23 EPS for the current fiscal year.

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Kulicke and Soffa Industries Profile

Kulicke and Soffa Industries, Inc designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools.

Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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