30,025 Shares in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Bought by Mirabella Financial Services LLP

Mirabella Financial Services LLP purchased a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 30,025 shares of the semiconductor company’s stock, valued at approximately $1,401,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC raised its stake in Kulicke and Soffa Industries by 35.5% during the 4th quarter. Signaturefd LLC now owns 1,061 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 278 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Kulicke and Soffa Industries by 0.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 50,007 shares of the semiconductor company’s stock worth $2,333,000 after purchasing an additional 298 shares during the period. Personal CFO Solutions LLC increased its holdings in shares of Kulicke and Soffa Industries by 6.5% during the 4th quarter. Personal CFO Solutions LLC now owns 5,576 shares of the semiconductor company’s stock worth $260,000 after purchasing an additional 341 shares during the period. Harbor Capital Advisors Inc. raised its position in shares of Kulicke and Soffa Industries by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 36,329 shares of the semiconductor company’s stock valued at $1,695,000 after buying an additional 371 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in shares of Kulicke and Soffa Industries by 43.4% in the fourth quarter. Quadrant Capital Group LLC now owns 1,225 shares of the semiconductor company’s stock valued at $57,000 after buying an additional 371 shares during the period. 98.22% of the stock is owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Stock Down 0.7 %

NASDAQ:KLIC opened at $29.10 on Monday. The firm has a market capitalization of $1.55 billion, a PE ratio of 242.50 and a beta of 1.50. Kulicke and Soffa Industries, Inc. has a 12-month low of $26.63 and a 12-month high of $53.71. The firm has a 50-day moving average price of $35.40 and a 200 day moving average price of $42.58.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Tuesday, February 4th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). Kulicke and Soffa Industries had a negative return on equity of 1.26% and a net margin of 0.48%. On average, research analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.82 annualized dividend and a dividend yield of 2.82%. Kulicke and Soffa Industries’s dividend payout ratio is presently 683.33%.

Analyst Ratings Changes

Several equities analysts have commented on KLIC shares. StockNews.com raised Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Needham & Company LLC restated a “buy” rating and set a $53.00 price objective on shares of Kulicke and Soffa Industries in a research report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $52.00.

Kulicke and Soffa Industries Profile

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.