LSV Asset Management boosted its position in shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) by 2.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,587,880 shares of the semiconductor company’s stock after acquiring an additional 71,300 shares during the quarter. LSV Asset Management owned 0.05% of Kulicke and Soffa Industries worth $87,311,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in KLIC. Schwab Charles Investment Management Inc. boosted its holdings in Kulicke and Soffa Industries by 2.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 234,401 shares of the semiconductor company’s stock valued at $4,459,000 after acquiring an additional 6,124 shares during the period. Thrivent Financial For Lutherans boosted its holdings in Kulicke and Soffa Industries by 7.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 42,710 shares of the semiconductor company’s stock valued at $812,000 after acquiring an additional 3,030 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in Kulicke and Soffa Industries by 134.6% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 38,466 shares of the semiconductor company’s stock valued at $732,000 after acquiring an additional 22,069 shares during the period. Northern Trust Corp boosted its holdings in Kulicke and Soffa Industries by 2.6% during the 2nd quarter. Northern Trust Corp now owns 289,123 shares of the semiconductor company’s stock valued at $5,500,000 after acquiring an additional 7,398 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Kulicke and Soffa Industries by 11.5% during the 2nd quarter. Vanguard Group Inc. now owns 2,033,595 shares of the semiconductor company’s stock valued at $38,679,000 after acquiring an additional 209,884 shares during the period. Institutional investors own 84.51% of the company’s stock.

Shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) opened at $21.97 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.72 and a quick ratio of 4.15. The stock has a market capitalization of $1,551.35, a PE ratio of 61.03, a price-to-earnings-growth ratio of 1.08 and a beta of 1.36. Kulicke and Soffa Industries Inc. has a 12-month low of $18.22 and a 12-month high of $28.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, January 31st. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.28. The company had revenue of $213.70 million for the quarter, compared to analyst estimates of $189.48 million. Kulicke and Soffa Industries had a return on equity of 16.70% and a net margin of 3.10%. Kulicke and Soffa Industries’s revenue for the quarter was up 42.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 EPS. equities research analysts expect that Kulicke and Soffa Industries Inc. will post 1.1 earnings per share for the current fiscal year.

A number of brokerages recently commented on KLIC. B. Riley restated a “buy” rating and set a $36.00 target price on shares of Kulicke and Soffa Industries in a report on Thursday. ValuEngine upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Friday. Zacks Investment Research raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research report on Wednesday. BidaskClub lowered Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, DA Davidson increased their price target on Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $29.13.

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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.

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

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