APG Asset Management N.V. Has $57.32 Million Position in KLA-Tencor Corp (KLAC)

APG Asset Management N.V. lessened its position in KLA-Tencor Corp (NASDAQ:KLAC) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 732,143 shares of the semiconductor company’s stock after selling 2,300 shares during the period. APG Asset Management N.V. owned 0.48% of KLA-Tencor worth $57,315,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of KLAC. Resources Investment Advisors Inc. bought a new position in shares of KLA-Tencor in the fourth quarter valued at approximately $29,000. JOYN Advisors Inc. increased its position in shares of KLA-Tencor by 251.0% during the fourth quarter. JOYN Advisors Inc. now owns 344 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 246 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of KLA-Tencor by 9,077.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,709,361 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 3,668,943 shares during the last quarter. Whittier Trust Co. increased its position in shares of KLA-Tencor by 73.7% during the fourth quarter. Whittier Trust Co. now owns 773 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 328 shares during the last quarter. Finally, Quantamental Technologies LLC purchased a new stake in shares of KLA-Tencor during the fourth quarter valued at approximately $72,000. 92.44% of the stock is owned by institutional investors and hedge funds.

In other news, EVP Ahmad A. Khan sold 3,851 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $107.52, for a total value of $414,059.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian M. Trafas sold 1,114 shares of the business’s stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $107.00, for a total value of $119,198.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,775 shares of company stock valued at $979,331. Corporate insiders own 0.19% of the company’s stock.

A number of brokerages recently commented on KLAC. BidaskClub raised KLA-Tencor from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd. Zacks Investment Research raised KLA-Tencor from a “hold” rating to a “buy” rating and set a $137.00 price target for the company in a research report on Tuesday, April 2nd. Needham & Company LLC assumed coverage on KLA-Tencor in a research report on Tuesday, April 16th. They issued a “hold” rating for the company. Cowen reissued an “outperform” rating and issued a $140.00 target price (up from $130.00) on shares of KLA-Tencor in a research report on Thursday, March 7th. Finally, Goldman Sachs Group assumed coverage on KLA-Tencor in a research report on Tuesday, April 9th. They issued a “sell” rating and a $107.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $130.55.

NASDAQ:KLAC traded up $0.48 during trading hours on Friday, hitting $124.20. 1,080,572 shares of the company’s stock traded hands, compared to its average volume of 1,245,651. The firm has a market capitalization of $18.80 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 1.32 and a beta of 1.61. KLA-Tencor Corp has a 52 week low of $80.65 and a 52 week high of $125.84. The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.35 and a current ratio of 3.03.

KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings results on Tuesday, January 29th. The semiconductor company reported $2.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.20 by $0.24. KLA-Tencor had a return on equity of 92.44% and a net margin of 33.01%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the company posted $1.97 earnings per share. Equities analysts forecast that KLA-Tencor Corp will post 8.43 earnings per share for the current fiscal year.

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KLA-Tencor Company Profile

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.

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Institutional Ownership by Quarter for KLA-Tencor (NASDAQ:KLAC)

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