State of Alaska Department of Revenue lifted its holdings in shares of KLA-Tencor Corp (NASDAQ:KLAC) by 2.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 51,908 shares of the semiconductor company’s stock after purchasing an additional 1,328 shares during the period. State of Alaska Department of Revenue’s holdings in KLA-Tencor were worth $4,642,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Cerebellum GP LLC grew its holdings in shares of KLA-Tencor by 49.2% during the 4th quarter. Cerebellum GP LLC now owns 2,763 shares of the semiconductor company’s stock valued at $247,000 after purchasing an additional 911 shares during the last quarter. Kempner Capital Management Inc. bought a new stake in KLA-Tencor in the 4th quarter worth $3,488,000. CENTRAL TRUST Co grew its holdings in KLA-Tencor by 34.3% in the 4th quarter. CENTRAL TRUST Co now owns 3,869 shares of the semiconductor company’s stock worth $346,000 after acquiring an additional 989 shares during the last quarter. Pensionfund DSM Netherlands bought a new stake in KLA-Tencor in the 4th quarter worth $2,058,000. Finally, Pensionfund Sabic bought a new stake in KLA-Tencor in the 4th quarter worth $1,486,000. 92.06% of the stock is currently owned by institutional investors.

In other news, EVP Brian M. Trafas sold 886 shares of the firm’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $95.10, for a total value of $84,258.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Teri A. Little sold 2,525 shares of the firm’s stock in a transaction dated Friday, November 23rd. The stock was sold at an average price of $95.00, for a total transaction of $239,875.00. Following the completion of the sale, the executive vice president now directly owns 7,127 shares of the company’s stock, valued at $677,065. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,540 shares of company stock valued at $1,277,292. Corporate insiders own 0.19% of the company’s stock.

NASDAQ:KLAC opened at $94.03 on Monday. KLA-Tencor Corp has a 12 month low of $80.65 and a 12 month high of $123.96. The company has a debt-to-equity ratio of 1.43, a current ratio of 3.45 and a quick ratio of 2.69. The stock has a market capitalization of $14.31 billion, a PE ratio of 11.75, a P/E/G ratio of 1.42 and a beta of 1.52.

KLA-Tencor (NASDAQ:KLAC) last posted its earnings results on Monday, October 29th. The semiconductor company reported $2.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.21 by $0.25. KLA-Tencor had a net margin of 22.05% and a return on equity of 93.99%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the company posted $1.80 EPS. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. As a group, research analysts forecast that KLA-Tencor Corp will post 9.16 earnings per share for the current year.

A number of equities research analysts have issued reports on KLAC shares. B. Riley raised their price target on shares of KLA-Tencor from $120.00 to $123.00 and gave the stock a “buy” rating in a report on Tuesday, October 30th. Citigroup cut their price target on shares of KLA-Tencor from $128.00 to $121.00 and set a “buy” rating on the stock in a report on Tuesday, September 25th. Deutsche Bank cut their price target on shares of KLA-Tencor from $115.00 to $105.00 and set a “hold” rating on the stock in a report on Tuesday, October 30th. Cowen set a $120.00 price target on shares of KLA-Tencor and gave the stock an “outperform” rating in a report on Tuesday, October 30th. Finally, KeyCorp cut their price target on shares of KLA-Tencor from $152.00 to $133.00 and set an “overweight” rating on the stock in a report on Tuesday, October 30th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. KLA-Tencor has an average rating of “Hold” and an average price target of $129.54.

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KLA-Tencor Profile

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.

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Institutional Ownership by Quarter for KLA-Tencor (NASDAQ:KLAC)

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