Schroder Investment Management Group reduced its position in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) by 98.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,700 shares of the semiconductor company’s stock after selling 2,363,955 shares during the period. Schroder Investment Management Group owned 0.06% of Kulicke and Soffa Industries worth $943,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of KLIC. Robeco Institutional Asset Management B.V. lifted its position in shares of Kulicke and Soffa Industries by 526.1% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,230,688 shares of the semiconductor company’s stock worth $23,409,000 after buying an additional 1,034,116 shares in the last quarter. Royce & Associates LP lifted its position in shares of Kulicke and Soffa Industries by 40.3% in the second quarter. Royce & Associates LP now owns 2,507,921 shares of the semiconductor company’s stock worth $47,701,000 after buying an additional 721,000 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of Kulicke and Soffa Industries by 60.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,600,000 shares of the semiconductor company’s stock worth $34,512,000 after buying an additional 600,000 shares in the last quarter. JPMorgan Chase & Co. raised its position in Kulicke and Soffa Industries by 54.4% during the second quarter. JPMorgan Chase & Co. now owns 687,228 shares of the semiconductor company’s stock valued at $13,072,000 after purchasing an additional 242,218 shares during the period. Finally, Vanguard Group Inc. raised its position in Kulicke and Soffa Industries by 11.5% during the second quarter. Vanguard Group Inc. now owns 2,033,595 shares of the semiconductor company’s stock valued at $38,679,000 after purchasing an additional 209,884 shares during the period. Institutional investors own 85.82% of the company’s stock.

Shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) opened at $24.65 on Friday. Kulicke and Soffa Industries Inc. has a 52-week low of $15.84 and a 52-week high of $28.71. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.15 and a current ratio of 4.76. The stock has a market capitalization of $1,702.96, a P/E ratio of 13.78, a price-to-earnings-growth ratio of 1.19 and a beta of 1.38.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.15. Kulicke and Soffa Industries had a return on equity of 14.54% and a net margin of 13.85%. The business had revenue of $215.89 million for the quarter, compared to the consensus estimate of $208.20 million. During the same period in the prior year, the business posted $0.15 earnings per share. The company’s quarterly revenue was up 48.0% compared to the same quarter last year. equities research analysts predict that Kulicke and Soffa Industries Inc. will post 1.69 EPS for the current year.

A number of equities research analysts have issued reports on KLIC shares. BidaskClub downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. B. Riley restated a “buy” rating and set a $31.00 price objective on shares of Kulicke and Soffa Industries in a research report on Monday, November 13th. Zacks Investment Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Wednesday, September 6th. DA Davidson upped their price objective on Kulicke and Soffa Industries to $35.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, ValuEngine upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $27.38.

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Kulicke and Soffa Industries 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.

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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