New York State Teachers Retirement System Has $1.35 Million Stock Position in Axcelis Technologies, Inc. (NASDAQ:ACLS)

New York State Teachers Retirement System reduced its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,305 shares of the semiconductor company’s stock after selling 300 shares during the quarter. New York State Teachers Retirement System owned 0.06% of Axcelis Technologies worth $1,349,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. State Street Corp lifted its position in Axcelis Technologies by 1.5% in the 3rd quarter. State Street Corp now owns 1,233,282 shares of the semiconductor company’s stock valued at $129,310,000 after acquiring an additional 18,101 shares in the last quarter. Reinhart Partners LLC. lifted its position in Axcelis Technologies by 50.7% during the 4th quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company’s stock worth $72,393,000 after buying an additional 348,504 shares in the last quarter. Geode Capital Management LLC lifted its position in Axcelis Technologies by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 874,516 shares of the semiconductor company’s stock worth $91,708,000 after buying an additional 28,141 shares in the last quarter. Boston Trust Walden Corp lifted its position in Axcelis Technologies by 61.9% during the 4th quarter. Boston Trust Walden Corp now owns 820,116 shares of the semiconductor company’s stock worth $57,302,000 after buying an additional 313,689 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in Axcelis Technologies by 78,037.4% during the 4th quarter. Pacer Advisors Inc. now owns 782,155 shares of the semiconductor company’s stock worth $54,649,000 after buying an additional 781,154 shares in the last quarter. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $63.11 on Monday. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 10.26, a PEG ratio of 4.61 and a beta of 1.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.41 and a quick ratio of 4.05. The firm has a 50 day simple moving average of $68.83 and a 200 day simple moving average of $85.14. Axcelis Technologies, Inc. has a one year low of $56.32 and a one year high of $158.61.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. Research analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ACLS shares. Craig Hallum cut their price target on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Needham & Company LLC restated a “hold” rating on shares of Axcelis Technologies in a research note on Wednesday, February 12th. Benchmark lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, William Blair lowered shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $154.00.

Axcelis Technologies Profile

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.