Commerzbank Aktiengesellschaft FI Takes Position in KLA-Tencor Corp (KLAC)

Commerzbank Aktiengesellschaft FI acquired a new stake in KLA-Tencor Corp (NASDAQ:KLAC) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,848 shares of the semiconductor company’s stock, valued at approximately $514,000.

A number of other institutional investors also recently added to or reduced their stakes in KLAC. Sun Life Financial INC increased its stake in shares of KLA-Tencor by 14,300.0% during the 2nd quarter. Sun Life Financial INC now owns 1,152 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,144 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of KLA-Tencor by 300.0% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the semiconductor company’s stock worth $106,000 after purchasing an additional 750 shares during the last quarter. Bristlecone Advisors LLC acquired a new position in shares of KLA-Tencor during the 3rd quarter worth $148,000. Checchi Capital Advisers LLC increased its stake in shares of KLA-Tencor by 2.0% during the 2nd quarter. Checchi Capital Advisers LLC now owns 2,205 shares of the semiconductor company’s stock worth $202,000 after purchasing an additional 44 shares during the last quarter. Finally, Edge Advisors LLC increased its stake in shares of KLA-Tencor by 77.8% during the 3rd quarter. Edge Advisors LLC now owns 1,993 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 872 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

KLA-Tencor Corp (NASDAQ KLAC) opened at $103.98 on Friday. KLA-Tencor Corp has a 12 month low of $76.56 and a 12 month high of $110.00. The company has a quick ratio of 2.59, a current ratio of 3.11 and a debt-to-equity ratio of 1.72. The stock has a market cap of $16,310.00, a price-to-earnings ratio of 15.89, a P/E/G ratio of 0.67 and a beta of 1.63.

KLA-Tencor (NASDAQ:KLAC) last posted its earnings results 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 business had revenue of $970.00 million for the quarter, compared to analyst estimates of $946.86 million. During the same period last year, the business posted $1.16 EPS. KLA-Tencor’s revenue was up 29.2% compared to the same quarter last year. equities analysts anticipate that KLA-Tencor Corp will post 7.31 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $2.36 dividend on an annualized basis and a yield of 2.27%. KLA-Tencor’s payout ratio is presently 36.20%.

In other KLA-Tencor news, EVP Teri A. Little sold 1,566 shares of the stock in a transaction on Monday, November 20th. The shares were sold at an average price of $103.00, for a total value of $161,298.00. Following the completion of the sale, the executive vice president now directly owns 6,892 shares of the company’s stock, valued at approximately $709,876. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Emiko Higashi sold 500 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $110.00, for a total transaction of $55,000.00. Following the completion of the sale, the director now directly owns 13,588 shares of the company’s stock, valued at $1,494,680. The disclosure for this sale can be found here. Insiders sold a total of 34,400 shares of company stock worth $3,585,084 over the last quarter. 0.20% of the stock is currently owned by company insiders.

KLAC has been the topic of several analyst reports. Credit Suisse Group restated an “outperform” rating on shares of KLA-Tencor in a research note on Thursday, August 31st. Needham & Company LLC restated a “buy” rating and set a $120.00 price target on shares of KLA-Tencor in a research note on Friday, September 1st. Stifel Nicolaus increased their price target on shares of KLA-Tencor from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Citigroup increased their price target on shares of KLA-Tencor from $106.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. Finally, Goldman Sachs Group lowered shares of KLA-Tencor from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $108.00 to $97.00 in a research note on Wednesday, September 13th. Three analysts have rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. KLA-Tencor currently has an average rating of “Hold” and a consensus target price of $108.68.

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KLA-Tencor 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.

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

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