Duncker Streett & Co. Inc. Has $810,000 Holdings in KLA Co. (NASDAQ:KLAC)

Duncker Streett & Co. Inc. lifted its holdings in shares of KLA Co. (NASDAQ:KLAC) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,286 shares of the semiconductor company’s stock after purchasing an additional 34 shares during the period. Duncker Streett & Co. Inc.’s holdings in KLA were worth $810,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in shares of KLA during the third quarter worth $29,000. Groupama Asset Managment lifted its holdings in shares of KLA by 82.3% during the third quarter. Groupama Asset Managment now owns 4,515 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 2,038 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of KLA during the third quarter worth $38,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of KLA during the fourth quarter worth $43,000. Finally, Ameliora Wealth Management Ltd. acquired a new position in shares of KLA during the fourth quarter worth $47,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Stock Up 1.4 %

KLA stock opened at $708.84 on Friday. KLA Co. has a fifty-two week low of $609.40 and a fifty-two week high of $896.32. The stock has a market cap of $94.20 billion, a PE ratio of 29.81, a price-to-earnings-growth ratio of 1.57 and a beta of 1.28. The firm’s 50-day simple moving average is $716.87 and its 200 day simple moving average is $714.86. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.63 and a current ratio of 2.36.

KLA (NASDAQ:KLAC) last released its quarterly earnings results 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%. Research analysts predict that KLA Co. will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Monday, February 24th will be issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Monday, February 24th. KLA’s dividend payout ratio (DPR) is presently 28.60%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on KLAC shares. UBS Group boosted their target price on shares of KLA from $665.00 to $780.00 and gave the company a “neutral” rating in a report on Tuesday, January 21st. Wells Fargo & Company lifted their price objective on KLA from $795.00 to $870.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Deutsche Bank Aktiengesellschaft increased their price target on KLA from $725.00 to $850.00 and gave the stock a “buy” rating in a report on Friday, January 31st. StockNews.com downgraded KLA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Barclays increased their price target on KLA from $700.00 to $760.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $831.68.

KLA Company 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.