Capital Advisors Ltd. LLC Has $35,000 Stock Holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS)

Capital Advisors Ltd. LLC raised its position in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 1,415.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500 shares of the semiconductor company’s stock after buying an additional 467 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Axcelis Technologies were worth $35,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its holdings in Axcelis Technologies by 40.0% in the 3rd quarter. Van ECK Associates Corp now owns 23,751 shares of the semiconductor company’s stock valued at $2,490,000 after buying an additional 6,786 shares in the last quarter. Royce & Associates LP lifted its position in shares of Axcelis Technologies by 157.1% during the 3rd quarter. Royce & Associates LP now owns 273,671 shares of the semiconductor company’s stock valued at $28,694,000 after acquiring an additional 167,235 shares during the period. Harbor Capital Advisors Inc. grew its holdings in shares of Axcelis Technologies by 243.8% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 60,328 shares of the semiconductor company’s stock worth $6,325,000 after purchasing an additional 42,779 shares in the last quarter. FMR LLC raised its stake in Axcelis Technologies by 51.4% in the third quarter. FMR LLC now owns 263,332 shares of the semiconductor company’s stock valued at $27,610,000 after purchasing an additional 89,453 shares in the last quarter. Finally, Reinhart Partners LLC. lifted its position in Axcelis Technologies by 50.7% during the fourth quarter. Reinhart Partners LLC. now owns 1,036,112 shares of the semiconductor company’s stock worth $72,393,000 after purchasing an additional 348,504 shares during the period. 89.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Benchmark lowered shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. William Blair lowered shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 12th. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a research report on Wednesday, February 12th. Finally, Craig Hallum reduced their price target on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Axcelis Technologies presently has a consensus rating of “Hold” and an average price target of $154.00.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS opened at $63.30 on Tuesday. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 10.29, a PEG ratio of 4.52 and a beta of 1.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.41 and a quick ratio of 4.05. The firm has a 50 day simple moving average of $68.59 and a 200 day simple moving average of $84.78. Axcelis Technologies, Inc. has a one year low of $56.32 and a one year high of $158.61.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.25 by $0.29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. Research analysts predict that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.