Rothschild Investment LLC Has $798,000 Stock Holdings in KLA Co. (NASDAQ:KLAC)

Rothschild Investment LLC lowered its position in shares of KLA Co. (NASDAQ:KLAC) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,267 shares of the semiconductor company’s stock after selling 64 shares during the quarter. Rothschild Investment LLC’s holdings in KLA were worth $798,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Legacy Investment Solutions LLC acquired a new position in KLA during the third quarter worth $29,000. Capital Performance Advisors LLP bought a new stake in KLA during the 3rd quarter worth about $38,000. FSA Wealth Management LLC acquired a new position in shares of KLA during the 3rd quarter worth about $53,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in shares of KLA in the 4th quarter valued at about $43,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of KLA in the third quarter valued at about $56,000. 86.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on KLAC shares. Cantor Fitzgerald increased their price target on KLA from $800.00 to $875.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. Barclays increased their price objective on KLA from $700.00 to $760.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Oppenheimer raised shares of KLA from a “market perform” rating to an “outperform” rating and raised their target price for the company from $750.00 to $850.00 in a research note on Thursday, October 31st. UBS Group upped their price target on shares of KLA from $665.00 to $780.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. Finally, Morgan Stanley lifted their price objective on shares of KLA from $703.00 to $748.00 and gave the company an “equal weight” rating in a research report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, KLA currently has an average rating of “Moderate Buy” and a consensus target price of $831.68.

KLA Price Performance

KLA stock opened at $737.57 on Tuesday. The firm has a market cap of $98.01 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 1.57 and a beta of 1.28. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.36 and a quick ratio of 1.63. The stock’s fifty day moving average price is $710.18 and its two-hundred day moving average price is $715.85. KLA Co. has a one year low of $609.40 and a one year high of $896.32.

KLA (NASDAQ:KLAC) last issued its quarterly earnings results on Thursday, January 30th. The semiconductor company reported $8.20 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%. As a group, research analysts expect that KLA Co. will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Monday, February 24th will be issued a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Monday, February 24th. KLA’s dividend payout ratio (DPR) is presently 28.60%.

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.