Personal CFO Solutions LLC Has $230,000 Stock Holdings in KLA Co. (NASDAQ:KLAC)

Personal CFO Solutions LLC trimmed its holdings in shares of KLA Co. (NASDAQ:KLAC) by 12.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 364 shares of the semiconductor company’s stock after selling 52 shares during the quarter. Personal CFO Solutions LLC’s holdings in KLA were worth $230,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Swedbank AB grew its holdings in KLA by 0.4% during the 3rd quarter. Swedbank AB now owns 550,949 shares of the semiconductor company’s stock worth $426,660,000 after acquiring an additional 2,019 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in KLA by 22.7% during the 4th quarter. Diversify Advisory Services LLC now owns 648 shares of the semiconductor company’s stock worth $443,000 after acquiring an additional 120 shares during the last quarter. ING Groep NV grew its holdings in KLA by 52.4% during the 3rd quarter. ING Groep NV now owns 79,763 shares of the semiconductor company’s stock worth $61,769,000 after acquiring an additional 27,436 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in KLA by 14.1% during the 3rd quarter. Daiwa Securities Group Inc. now owns 33,215 shares of the semiconductor company’s stock worth $25,722,000 after acquiring an additional 4,112 shares during the last quarter. Finally, Versor Investments LP bought a new stake in KLA during the 3rd quarter worth approximately $1,008,000. 86.65% of the stock is owned by institutional investors.

KLA Stock Performance

KLAC opened at $664.22 on Wednesday. The company has a current ratio of 2.36, a quick ratio of 1.63 and a debt-to-equity ratio of 1.64. The company’s fifty day moving average price is $723.78 and its two-hundred day moving average price is $708.11. KLA Co. has a 1-year low of $609.40 and a 1-year high of $896.32. The company has a market cap of $88.27 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.57 and a beta of 1.30.

KLA (NASDAQ:KLAC) last released its quarterly earnings data on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share for the quarter, topping the consensus estimate of $7.73 by $0.47. KLA had a net margin of 29.58% and a return on equity of 108.60%. On average, analysts expect that KLA Co. will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, February 24th were issued a dividend of $1.70 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $6.80 annualized dividend and a yield of 1.02%. KLA’s payout ratio is 28.60%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on KLAC. Barclays boosted their target price on shares of KLA from $700.00 to $760.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Stifel Nicolaus upped their price objective on shares of KLA from $800.00 to $825.00 and gave the company a “buy” rating in a research note on Friday, January 31st. The Goldman Sachs Group upped their price objective on shares of KLA from $759.00 to $864.00 and gave the company a “buy” rating in a research note on Friday, January 31st. StockNews.com lowered shares of KLA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of KLA from $725.00 to $850.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $831.68.

KLA Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.