Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 53.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,438 shares of the semiconductor company’s stock after buying an additional 5,726 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Kulicke and Soffa Industries were worth $899,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Victory Capital Management Inc. grew its holdings in shares of Kulicke and Soffa Industries by 31.6% during the third quarter. Victory Capital Management Inc. now owns 2,903,559 shares of the semiconductor company’s stock worth $141,200,000 after purchasing an additional 697,496 shares during the last quarter. American Century Companies Inc. lifted its stake in Kulicke and Soffa Industries by 9.8% in the third quarter. American Century Companies Inc. now owns 2,821,598 shares of the semiconductor company’s stock valued at $137,214,000 after buying an additional 251,773 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Kulicke and Soffa Industries by 6.4% in the third quarter. Vanguard Group Inc. now owns 2,670,432 shares of the semiconductor company’s stock valued at $129,863,000 after acquiring an additional 159,483 shares during the period. Ameriprise Financial Inc. grew its position in shares of Kulicke and Soffa Industries by 19.1% during the third quarter. Ameriprise Financial Inc. now owns 820,529 shares of the semiconductor company’s stock worth $39,903,000 after acquiring an additional 131,679 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Kulicke and Soffa Industries by 1.4% in the 3rd quarter. Northern Trust Corp now owns 676,437 shares of the semiconductor company’s stock valued at $32,895,000 after acquiring an additional 9,243 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Stock Performance

KLIC stock opened at $47.02 on Monday. Kulicke and Soffa Industries, Inc. has a one year low of $40.20 and a one year high of $60.20. The company has a fifty day moving average of $48.48 and a 200-day moving average of $49.24. The stock has a market capitalization of $2.65 billion, a PE ratio of 52.24 and a beta of 1.47.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Thursday, February 1st. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.04. Kulicke and Soffa Industries had a return on equity of 8.55% and a net margin of 7.03%. The company had revenue of $171.19 million for the quarter, compared to analysts’ expectations of $170.00 million. During the same quarter in the previous year, the firm posted $0.37 EPS. Equities analysts forecast that Kulicke and Soffa Industries, Inc. will post 1.69 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Monday, March 25th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend was Friday, March 22nd. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 88.89%.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of Kulicke and Soffa Industries from a “b-” rating to a “c” rating in a research note on Wednesday, January 31st.

Insider Buying and Selling

In other news, SVP Robert Nestor Chylak sold 8,771 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $48.97, for a total transaction of $429,515.87. Following the sale, the senior vice president now owns 24,240 shares of the company’s stock, valued at approximately $1,187,032.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is owned by insiders.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.