Duality Advisers LP Takes Position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Duality Advisers LP purchased a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 14,144 shares of the semiconductor company’s stock, valued at approximately $774,000.

A number of other large investors have also recently modified their holdings of KLIC. Verdence Capital Advisors LLC lifted its position in Kulicke and Soffa Industries by 5.0% in the 3rd quarter. Verdence Capital Advisors LLC now owns 5,941 shares of the semiconductor company’s stock worth $289,000 after buying an additional 285 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Kulicke and Soffa Industries by 10.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,873 shares of the semiconductor company’s stock worth $188,000 after buying an additional 353 shares during the last quarter. CWM LLC lifted its position in Kulicke and Soffa Industries by 120.7% in the 4th quarter. CWM LLC now owns 779 shares of the semiconductor company’s stock worth $43,000 after buying an additional 426 shares during the last quarter. Blue Trust Inc. lifted its position in Kulicke and Soffa Industries by 224.6% in the 4th quarter. Blue Trust Inc. now owns 672 shares of the semiconductor company’s stock worth $37,000 after buying an additional 465 shares during the last quarter. Finally, Donald L. Hagan LLC lifted its position in Kulicke and Soffa Industries by 9.1% in the 4th quarter. Donald L. Hagan LLC now owns 5,917 shares of the semiconductor company’s stock worth $324,000 after buying an additional 495 shares during the last quarter. Institutional investors own 98.22% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet downgraded Kulicke and Soffa Industries from a “b-” rating to a “c” rating in a research report on Wednesday, January 31st.

Insider Activity

In other news, SVP Robert Nestor Chylak sold 8,771 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $48.97, for a total transaction of $429,515.87. Following the transaction, the senior vice president now directly owns 24,240 shares of the company’s stock, valued at $1,187,032.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.03% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC stock opened at $46.73 on Thursday. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $40.20 and a fifty-two week high of $60.20. The stock has a 50 day moving average price of $48.63 and a two-hundred day moving average price of $49.24. The company has a market capitalization of $2.63 billion, a P/E ratio of 51.92 and a beta of 1.47.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Thursday, February 1st. The semiconductor company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. Kulicke and Soffa Industries had a return on equity of 8.55% and a net margin of 7.03%. The firm had revenue of $171.19 million during the quarter, compared to the consensus estimate of $170.00 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. As a group, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 1.69 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Monday, March 25th were paid a dividend of $0.20 per share. The ex-dividend date was Friday, March 22nd. This represents a $0.80 annualized dividend and a dividend yield of 1.71%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 88.89%.

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.