Voya Investment Management LLC lessened its stake in KLA-Tencor Corporation (NASDAQ:KLAC) by 38.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,526 shares of the semiconductor company’s stock after selling 64,287 shares during the quarter. Voya Investment Management LLC owned 0.07% of KLA-Tencor Corporation worth $9,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Grove Bank & Trust increased its holdings in KLA-Tencor Corporation by 30.2% during the 2nd quarter. Grove Bank & Trust now owns 1,250 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 290 shares in the last quarter. Invictus RG purchased a new position in KLA-Tencor Corporation during the 1st quarter valued at about $202,000. Checchi Capital Advisers LLC increased its holdings in KLA-Tencor Corporation by 2.0% during the 2nd quarter. Checchi Capital Advisers LLC now owns 2,205 shares of the semiconductor company’s stock valued at $202,000 after acquiring an additional 44 shares in the last quarter. IBM Retirement Fund increased its holdings in KLA-Tencor Corporation by 33.6% during the 2nd quarter. IBM Retirement Fund now owns 2,322 shares of the semiconductor company’s stock valued at $212,000 after acquiring an additional 584 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in KLA-Tencor Corporation by 169.2% during the 1st quarter. Jane Street Group LLC now owns 2,492 shares of the semiconductor company’s stock valued at $237,000 after acquiring an additional 6,092 shares in the last quarter. Institutional investors and hedge funds own 89.16% of the company’s stock.

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Several research firms have weighed in on KLAC. UBS AG restated a “neutral” rating and set a $110.00 target price on shares of KLA-Tencor Corporation in a report on Tuesday, June 13th. B. Riley restated a “buy” rating and set a $120.00 target price on shares of KLA-Tencor Corporation in a report on Friday, July 28th. BidaskClub downgraded shares of KLA-Tencor Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Zacks Investment Research downgraded shares of KLA-Tencor Corporation from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Finally, Stifel Nicolaus restated a “hold” rating and set a $103.00 target price (up from $102.00) on shares of KLA-Tencor Corporation in a report on Sunday, July 30th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $99.68.

In other news, SVP Brian Lorig sold 526 shares of the company’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $92.85, for a total value of $48,839.10. Following the transaction, the senior vice president now owns 1,092 shares in the company, valued at approximately $101,392.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard P. Wallace sold 37,377 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $90.86, for a total value of $3,396,074.22. Following the completion of the transaction, the insider now owns 58,831 shares in the company, valued at approximately $5,345,384.66. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 84,512 shares of company stock worth $7,726,826. Corporate insiders own 0.20% of the company’s stock.

Shares of KLA-Tencor Corporation (KLAC) opened at 102.47 on Friday. The stock’s 50 day moving average is $97.29 and its 200-day moving average is $97.70. The stock has a market capitalization of $16.07 billion, a P/E ratio of 17.43 and a beta of 1.68. KLA-Tencor Corporation has a one year low of $70.72 and a one year high of $109.59.

KLA-Tencor Corporation (NASDAQ:KLAC) last posted its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.59 by $0.05. The firm had revenue of $938.60 million for the quarter, compared to the consensus estimate of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.77 EPS. On average, equities research analysts expect that KLA-Tencor Corporation will post $6.70 EPS for the current year.

KLA-Tencor Corporation Profile

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

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

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