Human Investing LLC Sells 125 Shares of KLA Co. (NASDAQ:KLAC)

Human Investing LLC cut its position in shares of KLA Co. (NASDAQ:KLAC) by 39.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 193 shares of the semiconductor company’s stock after selling 125 shares during the period. Human Investing LLC’s holdings in KLA were worth $122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in KLA during the third quarter valued at approximately $29,000. Capital Performance Advisors LLP bought a new position in KLA during the third quarter valued at approximately $38,000. FSA Wealth Management LLC bought a new position in KLA during the third quarter valued at approximately $53,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in KLA during the fourth quarter valued at approximately $43,000. Finally, Peterson Financial Group Inc. bought a new position in KLA during the third quarter valued at approximately $56,000. 86.65% of the stock is owned by institutional investors.

KLA Trading Down 1.8 %

KLAC opened at $750.74 on Monday. The stock’s fifty day moving average is $697.11 and its two-hundred day moving average is $714.99. The company has a market capitalization of $99.77 billion, a P/E ratio of 31.57, a PEG ratio of 1.54 and a beta of 1.28. KLA Co. has a 52 week low of $609.40 and a 52 week high of $896.32. The company has a quick ratio of 1.63, a current ratio of 2.36 and a debt-to-equity ratio of 1.64.

KLA (NASDAQ:KLAC) last released its quarterly earnings data on Thursday, January 30th. The semiconductor company reported $8.20 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%. Analysts forecast that KLA Co. will post 31.59 earnings per share for the current year.

KLA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Monday, February 24th will be issued a dividend of $1.70 per share. The ex-dividend date is Monday, February 24th. This represents a $6.80 annualized dividend and a yield of 0.91%. KLA’s payout ratio is currently 28.60%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. TD Cowen decreased their price objective on KLA from $760.00 to $725.00 and set a “hold” rating on the stock in a research report on Thursday, October 31st. Susquehanna upped their price objective on KLA from $620.00 to $655.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. Oppenheimer upgraded KLA from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $750.00 to $850.00 in a research report on Thursday, October 31st. Barclays upped their price objective on KLA from $700.00 to $760.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on KLA from $725.00 to $850.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $831.68.

KLA Company 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.