Swiss National Bank Has $5 Million Stock Holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Swiss National Bank reduced its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 107,200 shares of the semiconductor company’s stock after selling 1,100 shares during the quarter. Swiss National Bank owned about 0.20% of Kulicke and Soffa Industries worth $5,002,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its position in shares of Kulicke and Soffa Industries by 137.5% during the third quarter. Advisors Asset Management Inc. now owns 715 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 414 shares during the period. GAMMA Investing LLC increased its stake in Kulicke and Soffa Industries by 61.0% during the 4th quarter. GAMMA Investing LLC now owns 1,021 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 387 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in Kulicke and Soffa Industries during the third quarter worth $53,000. Smartleaf Asset Management LLC lifted its stake in shares of Kulicke and Soffa Industries by 397.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,149 shares of the semiconductor company’s stock valued at $53,000 after buying an additional 918 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of Kulicke and Soffa Industries by 93.2% during the fourth quarter. KBC Group NV now owns 2,898 shares of the semiconductor company’s stock valued at $135,000 after buying an additional 1,398 shares during the last quarter. Institutional investors own 98.22% of the company’s stock.

Kulicke and Soffa Industries Trading Up 2.1 %

Shares of Kulicke and Soffa Industries stock opened at $36.51 on Tuesday. The firm has a market capitalization of $1.95 billion, a P/E ratio of 304.25 and a beta of 1.38. The business’s fifty day simple moving average is $40.98 and its 200 day simple moving average is $44.17. Kulicke and Soffa Industries, Inc. has a 12 month low of $34.84 and a 12 month high of $53.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). Kulicke and Soffa Industries had a negative return on equity of 1.26% and a net margin of 0.48%. Analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Thursday, March 20th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.25%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 683.33%.

Analyst Ratings Changes

Several brokerages have recently commented on KLIC. Needham & Company LLC reissued a “buy” rating and issued a $53.00 price objective on shares of Kulicke and Soffa Industries in a research note on Thursday, February 6th. StockNews.com upgraded Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $52.00.

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.