KLA Co. (NASDAQ:KLAC) Stock Holdings Cut by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. decreased its position in KLA Co. (NASDAQ:KLAC) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,249 shares of the semiconductor company’s stock after selling 377 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in KLA were worth $2,678,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. CVA Family Office LLC boosted its holdings in shares of KLA by 3.7% during the 3rd quarter. CVA Family Office LLC now owns 366 shares of the semiconductor company’s stock worth $283,000 after buying an additional 13 shares during the period. Hutchens & Kramer Investment Management Group LLC boosted its holdings in KLA by 3.3% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 411 shares of the semiconductor company’s stock valued at $259,000 after acquiring an additional 13 shares during the period. Richardson Financial Services Inc. grew its position in shares of KLA by 5.9% in the fourth quarter. Richardson Financial Services Inc. now owns 253 shares of the semiconductor company’s stock valued at $160,000 after purchasing an additional 14 shares during the last quarter. Marcum Wealth LLC increased its stake in shares of KLA by 4.1% in the third quarter. Marcum Wealth LLC now owns 384 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 15 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its position in shares of KLA by 1.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,433 shares of the semiconductor company’s stock worth $1,110,000 after purchasing an additional 16 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

KLA Stock Performance

NASDAQ:KLAC opened at $747.70 on Friday. The stock has a market capitalization of $100.01 billion, a P/E ratio of 31.44, a price-to-earnings-growth ratio of 1.57 and a beta of 1.28. 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 1 year low of $608.16 and a 1 year high of $896.32. The firm has a 50 day moving average of $685.36 and a 200-day moving average of $716.53.

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, beating 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%. As a group, sell-side analysts anticipate that KLA Co. will post 30.8 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on KLAC shares. Deutsche Bank Aktiengesellschaft lifted their price target on KLA from $725.00 to $850.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Wells Fargo & Company upped their target price on shares of KLA from $795.00 to $870.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Susquehanna boosted their price objective on shares of KLA from $620.00 to $655.00 and gave the stock a “neutral” rating in a report on Wednesday, January 22nd. UBS Group increased their target price on shares of KLA from $665.00 to $780.00 and gave the company a “neutral” rating in a research note on Tuesday, January 21st. Finally, The Goldman Sachs Group boosted their price target on KLA from $759.00 to $864.00 and gave the company a “buy” rating in a research note 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.