KLA Co. (NASDAQ:KLAC) Shares Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC boosted its stake in KLA Co. (NASDAQ:KLAC) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,048 shares of the semiconductor company’s stock after acquiring an additional 76 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in KLA were worth $660,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new stake in shares of KLA in the 3rd quarter valued at about $29,000. Kohmann Bosshard Financial Services LLC purchased a new stake in KLA in the fourth quarter valued at approximately $32,000. Groupama Asset Managment boosted its holdings in shares of KLA by 82.3% in the third quarter. Groupama Asset Managment now owns 4,515 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 2,038 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of KLA during the third quarter worth approximately $38,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of KLA in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Trading Up 2.8 %

Shares of KLA stock opened at $711.29 on Friday. The company has a 50-day moving average of $722.21 and a two-hundred day moving average of $711.55. The stock has a market cap of $94.52 billion, a PE ratio of 29.91, a price-to-earnings-growth ratio of 1.57 and a beta of 1.30. 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 Co. has a 12-month low of $609.40 and a 12-month high of $896.32.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.73 by $0.47. KLA had a return on equity of 108.60% and a net margin of 29.58%. On average, research analysts anticipate that KLA Co. will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, February 24th were paid a $1.70 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $6.80 dividend on an annualized basis and a yield of 0.96%. KLA’s payout ratio is 28.60%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on KLAC. The Goldman Sachs Group increased their price target on shares of KLA from $759.00 to $864.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft increased their target price on shares of KLA from $725.00 to $850.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. Stifel Nicolaus boosted their price target on KLA from $800.00 to $825.00 and gave the company a “buy” rating in a research report on Friday, January 31st. StockNews.com cut KLA from a “buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Barclays boosted their target price on KLA from $700.00 to $760.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $831.68.

KLA 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.