Cantab Capital Partners LLP Has $1,814,000 Position in KLA-Tencor Corporation (KLAC)
Cantab Capital Partners LLP boosted its stake in shares of KLA-Tencor Corporation (NASDAQ:KLAC) by 19.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 23,051 shares of the company’s stock after buying an additional 3,831 shares during the period. Cantab Capital Partners LLP’s holdings in KLA-Tencor Corporation were worth $1,814,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio raised its stake in KLA-Tencor Corporation by 43.6% in the second quarter. Strs Ohio now owns 10,187 shares of the company’s stock valued at $746,000 after buying an additional 3,093 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its stake in KLA-Tencor Corporation by 2.0% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,367 shares of the company’s stock valued at $905,000 after buying an additional 248 shares in the last quarter. Nordea Investment Management AB purchased a new stake in KLA-Tencor Corporation during the second quarter valued at approximately $299,000. Keating Investment Counselors Inc. raised its stake in KLA-Tencor Corporation by 1.6% in the second quarter. Keating Investment Counselors Inc. now owns 67,050 shares of the company’s stock valued at $4,911,000 after buying an additional 1,075 shares in the last quarter. Finally, Wealth Architects LLC raised its stake in KLA-Tencor Corporation by 0.3% in the second quarter. Wealth Architects LLC now owns 4,766 shares of the company’s stock valued at $349,000 after buying an additional 12 shares in the last quarter. Institutional investors own 90.08% of the company’s stock.
KLA-Tencor Corporation (NASDAQ:KLAC) traded up 0.97% during trading on Thursday, reaching $88.53. 1,936,323 shares of the company were exchanged. KLA-Tencor Corporation has a 12 month low of $65.12 and a 12 month high of $88.58. The firm has a market capitalization of $13.88 billion, a PE ratio of 16.09 and a beta of 1.62. The stock has a 50 day moving average price of $83.41 and a 200 day moving average price of $76.22.
KLA-Tencor Corporation (NASDAQ:KLAC) last released its quarterly earnings results on Thursday, January 26th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.39 by $0.13. KLA-Tencor Corporation had a net margin of 26.50% and a return on equity of 120.32%. The firm earned $877 million during the quarter, compared to the consensus estimate of $838.78 million. During the same quarter in the prior year, the firm earned $1.04 EPS. KLA-Tencor Corporation’s revenue for the quarter was up 23.5% on a year-over-year basis. On average, analysts expect that KLA-Tencor Corporation will post $5.75 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Wednesday, February 15th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Monday, February 13th. This represents a $2.16 dividend on an annualized basis and a yield of 2.44%. KLA-Tencor Corporation’s payout ratio is currently 39.27%.
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Several analysts recently commented on KLAC shares. B. Riley restated a “buy” rating and set a $91.00 price target on shares of KLA-Tencor Corporation in a research report on Friday, October 21st. Cowen and Company raised their price target on shares of KLA-Tencor Corporation from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, October 21st. Needham & Company LLC raised their price target on shares of KLA-Tencor Corporation from $84.00 to $86.00 and gave the company a “buy” rating in a research report on Friday, October 21st. Nomura restated a “neutral” rating and set a $75.00 price target (up previously from $67.00) on shares of KLA-Tencor Corporation in a research report on Saturday, October 22nd. Finally, Susquehanna Bancshares Inc set a $70.00 price target on shares of KLA-Tencor Corporation and gave the company a “hold” rating in a research report on Monday, October 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $87.83.
In other KLA-Tencor Corporation news, insider Brian M. Trafas sold 3,064 shares of the company’s stock in a transaction on Tuesday, February 7th. The shares were sold at an average price of $86.89, for a total transaction of $266,230.96. Following the completion of the transaction, the insider now owns 5,000 shares in the company, valued at approximately $434,450. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kiran M. Patel sold 6,000 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $82.45, for a total transaction of $494,700.00. Following the transaction, the director now owns 2,141 shares of the company’s stock, valued at approximately $176,525.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,064 shares of company stock valued at $3,531,881. 0.26% of the stock is owned by insiders.
KLA-Tencor Corporation Company Profile
KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.
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