Deutsche Bank AG Raises Holdings in Kulicke and Soffa Industries Inc. (KLIC)

Deutsche Bank AG boosted its position in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) by 14.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 473,340 shares of the semiconductor company’s stock after buying an additional 59,421 shares during the quarter. Deutsche Bank AG’s holdings in Kulicke and Soffa Industries were worth $11,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Thrivent Financial For Lutherans boosted its stake in Kulicke and Soffa Industries by 79.8% in the fourth quarter. Thrivent Financial For Lutherans now owns 129,329 shares of the semiconductor company’s stock worth $3,148,000 after buying an additional 57,419 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Kulicke and Soffa Industries by 61.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 22,590 shares of the semiconductor company’s stock valued at $550,000 after purchasing an additional 8,620 shares during the period. BlackRock Inc. boosted its stake in shares of Kulicke and Soffa Industries by 0.7% during the fourth quarter. BlackRock Inc. now owns 5,699,317 shares of the semiconductor company’s stock valued at $138,691,000 after purchasing an additional 39,480 shares during the period. Whale Rock Capital Management LLC purchased a new stake in shares of Kulicke and Soffa Industries during the third quarter valued at approximately $61,608,000. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Kulicke and Soffa Industries by 13.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 265,728 shares of the semiconductor company’s stock valued at $5,732,000 after purchasing an additional 31,327 shares during the period. 87.23% of the stock is owned by institutional investors and hedge funds.

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KLIC has been the subject of a number of analyst reports. BidaskClub raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 6th. ValuEngine raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Zacks Investment Research lowered Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. Finally, B. Riley reissued a “buy” rating and set a $36.00 price objective on shares of Kulicke and Soffa Industries in a research note on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $28.38.

NASDAQ:KLIC opened at $25.01 on Friday. The company has a market cap of $1,766.01, a PE ratio of 12.26, a P/E/G ratio of 0.94 and a beta of 1.30. Kulicke and Soffa Industries Inc. has a fifty-two week low of $18.22 and a fifty-two week high of $28.71. The company has a quick ratio of 5.08, a current ratio of 5.72 and a debt-to-equity ratio of 0.02.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.28. The firm had revenue of $213.70 million during the quarter, compared to analyst estimates of $189.48 million. Kulicke and Soffa Industries had a return on equity of 16.70% and a net margin of 3.10%. The business’s quarterly revenue was up 42.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 earnings per share. sell-side analysts anticipate that Kulicke and Soffa Industries Inc. will post 2.23 earnings per share for the current year.

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About Kulicke and Soffa Industries

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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