KLA Co. (NASDAQ:KLAC) Shares Purchased by Caitlin John LLC

Caitlin John LLC raised its holdings in KLA Co. (NASDAQ:KLAC) by 2.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,452 shares of the semiconductor company’s stock after acquiring an additional 80 shares during the period. KLA comprises 1.4% of Caitlin John LLC’s portfolio, making the stock its 14th biggest holding. Caitlin John LLC’s holdings in KLA were worth $2,175,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Trilogy Capital Inc. grew its holdings in shares of KLA by 52.5% in the 4th quarter. Trilogy Capital Inc. now owns 3,730 shares of the semiconductor company’s stock worth $2,351,000 after acquiring an additional 1,284 shares during the last quarter. Optimist Retirement Group LLC increased its stake in KLA by 1.4% in the 4th quarter. Optimist Retirement Group LLC now owns 3,060 shares of the semiconductor company’s stock worth $1,928,000 after purchasing an additional 43 shares in the last quarter. Tectonic Advisors LLC raised its holdings in KLA by 19.3% during the 4th quarter. Tectonic Advisors LLC now owns 2,823 shares of the semiconductor company’s stock worth $1,779,000 after buying an additional 456 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in KLA by 8.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 135,144 shares of the semiconductor company’s stock valued at $87,096,000 after buying an additional 10,066 shares in the last quarter. Finally, Paragon Capital Management Inc. lifted its stake in KLA by 12.7% during the fourth quarter. Paragon Capital Management Inc. now owns 1,041 shares of the semiconductor company’s stock valued at $656,000 after buying an additional 117 shares in the last quarter. Institutional investors own 86.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Morgan Stanley raised their price objective on shares of KLA from $703.00 to $748.00 and gave the stock an “equal weight” rating in a research note on Monday. Stifel Nicolaus raised their target price on KLA from $800.00 to $825.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Deutsche Bank Aktiengesellschaft upped their price target on KLA from $725.00 to $850.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Wells Fargo & Company raised 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. Finally, Needham & Company LLC upped their target price on KLA from $800.00 to $830.00 and gave the company a “buy” rating in a report on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $831.68.

KLA Stock Up 1.3 %

KLAC stock opened at $759.15 on Thursday. The firm has a market cap of $101.54 billion, a PE ratio of 31.92, a PEG ratio of 1.57 and a beta of 1.28. KLA Co. has a 1 year low of $595.86 and a 1 year high of $896.32. The company has a fifty day simple moving average of $680.23 and a 200 day simple moving average of $715.91. The company has a current ratio of 2.36, a quick ratio of 1.63 and a debt-to-equity ratio of 1.64.

KLA (NASDAQ:KLAC) last announced its quarterly earnings results on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share for the quarter, topping analysts’ consensus estimates of $7.73 by $0.47. KLA had a return on equity of 108.60% and a net margin of 29.58%. Sell-side analysts anticipate that KLA Co. will post 30.8 EPS for the current fiscal year.

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.