KLA-Tencor Corp (NASDAQ:KLAC) EVP Ahmad A. Khan sold 5,028 shares of KLA-Tencor stock in a transaction that occurred on Wednesday, November 14th. The shares were sold at an average price of $94.22, for a total transaction of $473,738.16. Following the transaction, the executive vice president now directly owns 8,033 shares in the company, valued at $756,869.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NASDAQ:KLAC traded up $0.03 during midday trading on Friday, reaching $94.47. The company had a trading volume of 15,221 shares, compared to its average volume of 2,028,358. The company has a current ratio of 3.45, a quick ratio of 2.69 and a debt-to-equity ratio of 1.43. The firm has a market cap of $14.30 billion, a PE ratio of 11.70, a price-to-earnings-growth ratio of 1.42 and a beta of 1.55. KLA-Tencor Corp has a one year low of $84.59 and a one year high of $123.96.

KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings results on Monday, October 29th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.21 by $0.25. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. KLA-Tencor had a net margin of 22.05% and a return on equity of 93.99%. The business’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.80 earnings per share. As a group, equities research analysts forecast that KLA-Tencor Corp will post 9.16 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 4th. Investors of record on Saturday, November 17th will be paid a $0.75 dividend. The ex-dividend date is Thursday, November 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.18%. KLA-Tencor’s dividend payout ratio (DPR) is presently 37.50%.

Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of KLA-Tencor by 187.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,042 shares of the semiconductor company’s stock worth $107,000 after buying an additional 679 shares during the last quarter. Sonora Investment Management LLC increased its stake in shares of KLA-Tencor by 905.7% in the second quarter. Sonora Investment Management LLC now owns 1,066 shares of the semiconductor company’s stock worth $109,000 after buying an additional 960 shares during the last quarter. Exane Asset Management bought a new stake in KLA-Tencor during the second quarter valued at $165,000. Piedmont Investment Advisors LLC bought a new stake in KLA-Tencor during the second quarter valued at $181,000. Finally, First Mercantile Trust Co. increased its stake in KLA-Tencor by 41.1% during the second quarter. First Mercantile Trust Co. now owns 1,833 shares of the semiconductor company’s stock valued at $188,000 after purchasing an additional 534 shares during the last quarter. Institutional investors and hedge funds own 94.09% of the company’s stock.

A number of research analysts have weighed in on KLAC shares. B. Riley lifted their price target on shares of KLA-Tencor from $120.00 to $123.00 and gave the company a “buy” rating in a research report on Tuesday, October 30th. Citigroup reduced their price target on shares of KLA-Tencor from $128.00 to $121.00 and set a “buy” rating on the stock in a research report on Tuesday, September 25th. Zacks Investment Research raised shares of KLA-Tencor from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research report on Wednesday, August 1st. Stifel Nicolaus boosted their target price on shares of KLA-Tencor from $143.00 to $152.00 and gave the stock a “buy” rating in a research report on Tuesday, July 31st. Finally, Deutsche Bank reduced their target price on shares of KLA-Tencor from $115.00 to $105.00 and set a “hold” rating on the stock in a research report on Tuesday, October 30th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. KLA-Tencor currently has a consensus rating of “Hold” and an average target price of $129.54.

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About KLA-Tencor

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.

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