Quantbot Technologies LP increased its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 415.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,074 shares of the semiconductor company’s stock after purchasing an additional 40,362 shares during the quarter. Quantbot Technologies LP owned approximately 0.07% of Kulicke and Soffa Industries worth $1,080,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its stake in Kulicke and Soffa Industries by 909,858.7% in the 1st quarter. BlackRock Inc. now owns 5,532,549 shares of the semiconductor company’s stock valued at $112,421,000 after buying an additional 5,531,941 shares in the last quarter. Royce & Associates LP grew its stake in Kulicke and Soffa Industries by 40.3% in the 2nd quarter. Royce & Associates LP now owns 2,507,921 shares of the semiconductor company’s stock valued at $47,701,000 after buying an additional 721,000 shares in the last quarter. Vanguard Group Inc. grew its stake in Kulicke and Soffa Industries by 11.5% in the 2nd quarter. Vanguard Group Inc. now owns 2,033,595 shares of the semiconductor company’s stock valued at $38,679,000 after buying an additional 209,884 shares in the last quarter. Alliancebernstein L.P. grew its stake in Kulicke and Soffa Industries by 7.7% in the 2nd quarter. Alliancebernstein L.P. now owns 1,705,980 shares of the semiconductor company’s stock valued at $32,448,000 after buying an additional 121,410 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D grew its stake in Kulicke and Soffa Industries by 60.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,600,000 shares of the semiconductor company’s stock valued at $34,512,000 after buying an additional 600,000 shares in the last quarter. 81.19% of the stock is currently owned by institutional investors.

A number of research analysts have recently commented on the stock. B. Riley restated a “buy” rating and set a $31.00 price target on shares of Kulicke and Soffa Industries in a research report on Wednesday, August 2nd. ValuEngine upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. DA Davidson boosted their price target on shares of Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Zacks Investment Research lowered shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, BidaskClub lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $26.63.

Kulicke and Soffa Industries, Inc. (NASDAQ KLIC) remained flat at $$26.80 on Tuesday. 784,800 shares of the company’s stock traded hands, compared to its average volume of 543,921. The stock has a market capitalization of $1,890.00, a PE ratio of 15.31, a price-to-earnings-growth ratio of 1.18 and a beta of 1.34. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.15 and a current ratio of 4.76. Kulicke and Soffa Industries, Inc. has a 52-week low of $14.94 and a 52-week high of $28.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Tuesday, November 14th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.15. Kulicke and Soffa Industries had a net margin of 13.85% and a return on equity of 14.54%. The firm had revenue of $215.89 million during the quarter, compared to analyst estimates of $208.20 million. During the same period in the previous year, the business earned $0.15 EPS. The business’s revenue for the quarter was up 48.0% on a year-over-year basis. equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 1.69 earnings per share for the current year.

Kulicke and Soffa Industries declared that its Board of Directors has initiated a stock repurchase program on Tuesday, August 15th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the semiconductor company to purchase up to 7.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

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About Kulicke and Soffa Industries

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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