Nisa Investment Advisors LLC Sells 700 Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Nisa Investment Advisors LLC decreased its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 52.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 636 shares of the semiconductor company’s stock after selling 700 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Kulicke and Soffa Industries were worth $35,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of KLIC. Victory Capital Management Inc. raised its holdings in shares of Kulicke and Soffa Industries by 31.6% during the 3rd quarter. Victory Capital Management Inc. now owns 2,903,559 shares of the semiconductor company’s stock worth $141,200,000 after buying an additional 697,496 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Kulicke and Soffa Industries by 9.8% in the third quarter. American Century Companies Inc. now owns 2,821,598 shares of the semiconductor company’s stock worth $137,214,000 after acquiring an additional 251,773 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Kulicke and Soffa Industries by 6.4% in the 3rd quarter. Vanguard Group Inc. now owns 2,670,432 shares of the semiconductor company’s stock valued at $129,863,000 after purchasing an additional 159,483 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Kulicke and Soffa Industries by 19.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 820,529 shares of the semiconductor company’s stock valued at $39,903,000 after purchasing an additional 131,679 shares during the last quarter. Finally, Northern Trust Corp increased its position in Kulicke and Soffa Industries by 1.4% during the 3rd quarter. Northern Trust Corp now owns 676,437 shares of the semiconductor company’s stock worth $32,895,000 after purchasing an additional 9,243 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Price Performance

Kulicke and Soffa Industries stock opened at $45.53 on Tuesday. The business has a 50 day moving average of $48.72 and a 200-day moving average of $49.27. Kulicke and Soffa Industries, Inc. has a 1 year low of $40.20 and a 1 year high of $60.20. The company has a market capitalization of $2.57 billion, a P/E ratio of 50.59 and a beta of 1.47.

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

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Monday, March 25th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.76%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 88.89%.

Insider Buying and Selling

In other Kulicke and Soffa Industries news, SVP Robert Nestor Chylak sold 8,771 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $48.97, for a total transaction of $429,515.87. Following the completion of the sale, the senior vice president now owns 24,240 shares of the company’s stock, valued at approximately $1,187,032.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Kulicke and Soffa Industries Company 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.