KLA Co. (NASDAQ:KLAC) Shares Acquired by Caitlin John LLC

Caitlin John LLC boosted its stake in KLA Co. (NASDAQ:KLAC) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,452 shares of the semiconductor company’s stock after purchasing an additional 80 shares during the period. KLA makes up about 1.4% of Caitlin John LLC’s investment portfolio, making the stock its 14th biggest holding. Caitlin John LLC’s holdings in KLA were worth $2,175,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in KLAC. Mizuho Securities USA LLC increased its position in shares of KLA by 32,828.8% during the third quarter. Mizuho Securities USA LLC now owns 3,419,000 shares of the semiconductor company’s stock worth $2,647,708,000 after acquiring an additional 3,408,617 shares during the last quarter. International Assets Investment Management LLC increased its holdings in KLA by 76,452.4% during the 3rd quarter. International Assets Investment Management LLC now owns 302,382 shares of the semiconductor company’s stock worth $234,168,000 after purchasing an additional 301,987 shares during the last quarter. Van ECK Associates Corp increased its holdings in KLA by 25.7% during the 3rd quarter. Van ECK Associates Corp now owns 1,399,367 shares of the semiconductor company’s stock worth $1,083,684,000 after purchasing an additional 286,015 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of KLA by 6,188.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 239,404 shares of the semiconductor company’s stock valued at $185,397,000 after purchasing an additional 235,597 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its stake in shares of KLA by 10,766.7% during the 3rd quarter. Two Sigma Advisers LP now owns 228,200 shares of the semiconductor company’s stock valued at $176,720,000 after buying an additional 226,100 shares during the last quarter. 86.65% of the stock is owned by hedge funds and other institutional investors.

KLA Stock Performance

KLAC opened at $759.15 on Thursday. KLA Co. has a twelve month low of $595.86 and a twelve month high of $896.32. The stock has a market cap of $101.54 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.57 and a beta of 1.28. The business’s 50 day moving average is $680.23 and its 200-day moving average is $715.91. 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 (NASDAQ:KLAC) last announced its quarterly earnings results on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.73 by $0.47. KLA had a return on equity of 108.60% and a net margin of 29.58%. On average, analysts predict that KLA Co. will post 30.8 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of KLA from $795.00 to $870.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Needham & Company LLC upped their target price on shares of KLA from $800.00 to $830.00 and gave the company a “buy” rating in a research note on Friday, January 31st. TD Cowen reduced their price target on shares of KLA from $760.00 to $725.00 and set a “hold” rating on the stock in a research report on Thursday, October 31st. Stifel Nicolaus boosted their price objective on KLA from $800.00 to $825.00 and gave the company a “buy” rating in a report on Friday, January 31st. Finally, StockNews.com downgraded KLA from a “buy” rating to a “hold” rating in a report on Wednesday, November 27th. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, KLA currently has an average rating of “Moderate Buy” and a consensus 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.