The KLA-Tencor Corp. (KLAC) Position Increased by Candriam Luxembourg S.C.A.

The KLA-Tencor Corp. (KLAC) Position Increased by Candriam Luxembourg S.C.A.

Candriam Luxembourg S.C.A. increased its stake in shares of KLA-Tencor Corp. (NASDAQ:KLAC) by 42.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,382 shares of the company’s stock after buying an additional 1,592 shares during the period. Candriam Luxembourg S.C.A.’s holdings in KLA-Tencor Corp. were worth $394,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in KLAC. Capstone Asset Management Co. boosted its position in shares of KLA-Tencor Corp. by 2.5% in the second quarter. Capstone Asset Management Co. now owns 14,814 shares of the company’s stock valued at $1,085,000 after buying an additional 360 shares during the last quarter. Arizona State Retirement System boosted its position in shares of KLA-Tencor Corp. by 0.7% in the first quarter. Arizona State Retirement System now owns 58,480 shares of the company’s stock valued at $4,258,000 after buying an additional 400 shares during the last quarter. Oakbrook Investments LLC boosted its position in shares of KLA-Tencor Corp. by 9.9% in the second quarter. Oakbrook Investments LLC now owns 9,400 shares of the company’s stock valued at $689,000 after buying an additional 850 shares during the last quarter. M&T Bank Corp boosted its position in shares of KLA-Tencor Corp. by 9.8% in the first quarter. M&T Bank Corp now owns 10,495 shares of the company’s stock valued at $764,000 after buying an additional 940 shares during the last quarter. Finally, Aviva PLC boosted its position in shares of KLA-Tencor Corp. by 1.2% in the first quarter. Aviva PLC now owns 78,674 shares of the company’s stock valued at $5,728,000 after buying an additional 969 shares during the last quarter. Institutional investors own 85.80% of the company’s stock.

Shares of KLA-Tencor Corp. (NASDAQ:KLAC) traded down 0.40% on Wednesday, reaching $72.10. 2,818,238 shares of the company were exchanged. The firm has a 50 day moving average price of $69.85 and a 200-day moving average price of $71.84. KLA-Tencor Corp. has a 12-month low of $51.16 and a 12-month high of $77.85. The stock has a market capitalization of $11.25 billion, a PE ratio of 16.06 and a beta of 1.75.

KLA-Tencor Corp. (NASDAQ:KLAC) last released its quarterly earnings results on Thursday, July 28th. The company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.35. KLA-Tencor Corp. had a net margin of 23.60% and a return on equity of 159.94%. The business had revenue of $919.17 million for the quarter, compared to analysts’ expectations of $842.10 million. During the same period last year, the business earned $0.99 EPS. The company’s revenue was up 21.5% compared to the same quarter last year. On average, analysts predict that KLA-Tencor Corp. will post $4.92 EPS for the current fiscal year.

A number of research firms recently commented on KLAC. B. Riley reiterated a “neutral” rating and set a $78.00 price target on shares of KLA-Tencor Corp. in a report on Thursday, July 28th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of KLA-Tencor Corp. in a report on Wednesday, August 17th. Zacks Investment Research upgraded KLA-Tencor Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. Cowen and Company lifted their price target on KLA-Tencor Corp. from $70.00 to $79.00 and gave the stock a “market perform” rating in a report on Friday, July 29th. Finally, Berenberg Bank upgraded KLA-Tencor Corp. from a “hold” rating to a “buy” rating in a report on Thursday, October 6th. Eight equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $76.21.

About KLA-Tencor Corp.

KLA-Tencor Corporation 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 various other industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

Related posts

Leave a Comment