Jackson Creek Investment Advisors LLC Invests $981,000 in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Jackson Creek Investment Advisors LLC purchased a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 17,925 shares of the semiconductor company’s stock, valued at approximately $981,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of Kulicke and Soffa Industries during the 3rd quarter worth approximately $824,000. Commonwealth Equity Services LLC boosted its stake in shares of Kulicke and Soffa Industries by 2.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 50,844 shares of the semiconductor company’s stock worth $2,473,000 after acquiring an additional 1,436 shares during the period. Raymond James & Associates raised its stake in Kulicke and Soffa Industries by 15.1% in the 3rd quarter. Raymond James & Associates now owns 31,965 shares of the semiconductor company’s stock valued at $1,554,000 after acquiring an additional 4,194 shares during the period. Verdence Capital Advisors LLC lifted its holdings in Kulicke and Soffa Industries by 5.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 5,941 shares of the semiconductor company’s stock valued at $289,000 after purchasing an additional 285 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Kulicke and Soffa Industries by 12.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,712 shares of the semiconductor company’s stock valued at $521,000 after acquiring an additional 1,144 shares during the period. 98.22% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Robert Nestor Chylak sold 8,771 shares of Kulicke and Soffa Industries 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 sale, the senior vice president now directly owns 24,240 shares of the company’s stock, valued at approximately $1,187,032.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.03% of the company’s stock.

Kulicke and Soffa Industries Trading Down 1.9 %

NASDAQ KLIC traded down $0.88 during midday trading on Tuesday, hitting $46.28. The company had a trading volume of 576,384 shares, compared to its average volume of 469,882. The company has a market capitalization of $2.61 billion, a PE ratio of 51.83 and a beta of 1.47. Kulicke and Soffa Industries, Inc. has a twelve month low of $40.20 and a twelve month high of $60.20. The firm has a 50-day moving average price of $48.41 and a 200-day moving average price of $49.25.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Thursday, February 1st. The semiconductor company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. The business 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 period in the previous year, the business earned $0.37 earnings per share. On average, 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Monday, March 25th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend was Friday, March 22nd. Kulicke and Soffa Industries’s dividend payout ratio is presently 88.89%.

Analysts Set New Price Targets

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

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.