KBC Group NV cut its stake in shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 121,015 shares of the semiconductor company’s stock after selling 3,240 shares during the quarter. KBC Group NV owned 0.17% of Kulicke and Soffa Industries worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Advisor Group Inc. increased its stake in Kulicke and Soffa Industries by 11,247.9% during the 2nd 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 in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Kulicke and Soffa Industries by 43.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,079 shares of the semiconductor company’s stock worth $195,000 after acquiring an additional 2,731 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Kulicke and Soffa Industries in the 4th quarter worth $263,000. Piedmont Investment Advisors LLC bought a new stake in shares of Kulicke and Soffa Industries in the 2nd quarter worth $292,000. Finally, Crossmark Global Holdings Inc. bought a new position in Kulicke and Soffa Industries during the third quarter valued at about $301,000. Institutional investors and hedge funds own 84.30% of the company’s stock.

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Several research firms have commented on KLIC. B. Riley reaffirmed a “buy” rating and set a $34.00 price objective on shares of Kulicke and Soffa Industries in a report on Monday, November 27th. BidaskClub raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 6th. Zacks Investment Research upgraded shares of Kulicke and Soffa Industries from a “sell” rating to a “strong-buy” rating and set a $24.00 price target on the stock in a research report on Wednesday, February 7th. DA Davidson raised their target price on shares of Kulicke and Soffa Industries to $35.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, ValuEngine raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $28.38.

Shares of Kulicke and Soffa Industries Inc. (NASDAQ KLIC) opened at $23.12 on Wednesday. Kulicke and Soffa Industries Inc. has a 52 week low of $18.22 and a 52 week high of $28.71. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.08 and a current ratio of 5.72. The stock has a market capitalization of $1,619.13, a PE ratio of 64.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.30.

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

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Kulicke and Soffa Industries Company 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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