Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Stock Holdings Raised by Rodgers Brothers Inc.

Rodgers Brothers Inc. lifted its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,150 shares of the semiconductor company’s stock after purchasing an additional 4,450 shares during the period. Rodgers Brothers Inc. owned about 0.12% of Kulicke and Soffa Industries worth $2,947,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Advisors Asset Management Inc. lifted its holdings in Kulicke and Soffa Industries by 137.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 715 shares of the semiconductor company’s stock worth $32,000 after buying an additional 414 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of Kulicke and Soffa Industries during the 4th quarter valued at approximately $37,000. GAMMA Investing LLC lifted its stake in Kulicke and Soffa Industries by 61.0% during the fourth quarter. GAMMA Investing LLC now owns 1,021 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 387 shares during the last quarter. Signaturefd LLC boosted its holdings in Kulicke and Soffa Industries by 35.5% in the fourth quarter. Signaturefd LLC now owns 1,061 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 278 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in Kulicke and Soffa Industries during the third quarter valued at $53,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Trading Down 4.2 %

NASDAQ KLIC opened at $33.06 on Monday. The company has a 50-day moving average price of $40.04 and a two-hundred day moving average price of $44.05. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 275.50 and a beta of 1.38. Kulicke and Soffa Industries, Inc. has a 52 week low of $32.02 and a 52 week high of $53.71.

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

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.48%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 683.33%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on KLIC shares. Needham & Company LLC reaffirmed 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. StockNews.com upgraded Kulicke and Soffa Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $52.00.

About Kulicke and Soffa Industries

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.