11,400 Shares in KLA-Tencor Corp (KLAC) Purchased by Polianta Ltd

Polianta Ltd bought a new position in shares of KLA-Tencor Corp (NASDAQ:KLAC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,400 shares of the semiconductor company’s stock, valued at approximately $1,197,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in KLAC. Sun Life Financial INC increased its stake in KLA-Tencor by 14,300.0% in the second quarter. Sun Life Financial INC now owns 1,152 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,144 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in KLA-Tencor by 300.0% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the semiconductor company’s stock valued at $106,000 after purchasing an additional 750 shares in the last quarter. Bristlecone Advisors LLC bought a new stake in KLA-Tencor in the third quarter valued at $148,000. Edge Advisors LLC increased its stake in KLA-Tencor by 77.8% in the third quarter. Edge Advisors LLC now owns 1,993 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 872 shares in the last quarter. Finally, Highbridge Capital Management LLC bought a new stake in KLA-Tencor in the third quarter valued at $212,000. 90.60% of the stock is owned by institutional investors and hedge funds.

In related news, CFO Bren D. Higgins sold 3,599 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $101.52, for a total transaction of $365,370.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Emiko Higashi sold 500 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $105.84, for a total transaction of $52,920.00. Following the transaction, the director now owns 15,131 shares in the company, valued at $1,601,465.04. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 30,664 shares of company stock worth $3,191,064. 0.20% of the stock is owned by corporate insiders.

Several research firms have weighed in on KLAC. Zacks Investment Research downgraded shares of KLA-Tencor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 12th. KeyCorp raised shares of KLA-Tencor from a “sector weight” rating to an “overweight” rating and set a $134.00 price target for the company in a research note on Monday, December 18th. Goldman Sachs Group downgraded shares of KLA-Tencor from a “buy” rating to a “neutral” rating and decreased their price target for the company from $108.00 to $97.00 in a research note on Wednesday, September 13th. Citigroup lifted their price target on shares of KLA-Tencor from $106.00 to $110.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Finally, Argus began coverage on shares of KLA-Tencor in a research note on Wednesday, November 29th. They issued a “buy” rating and a $125.00 price target for the company. Three analysts have rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $110.95.

Shares of KLA-Tencor Corp (NASDAQ KLAC) traded down $1.00 during midday trading on Tuesday, hitting $109.16. 409,602 shares of the stock were exchanged, compared to its average volume of 1,718,180. The firm has a market capitalization of $17,280.00, a PE ratio of 16.74 and a beta of 1.63. KLA-Tencor Corp has a 52-week low of $78.83 and a 52-week high of $114.43. The company has a debt-to-equity ratio of 1.72, a current ratio of 3.11 and a quick ratio of 2.59.

KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.17. KLA-Tencor had a net margin of 27.82% and a return on equity of 84.61%. The firm had revenue of $970.00 million during the quarter, compared to analysts’ expectations of $946.86 million. During the same period last year, the company earned $1.16 earnings per share. The business’s revenue was up 29.2% on a year-over-year basis. research analysts forecast that KLA-Tencor Corp will post 7.31 EPS for the current year.

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KLA-Tencor Company Profile

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

Institutional Ownership by Quarter for KLA-Tencor (NASDAQ:KLAC)

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