Nomura Asset Management Co. Ltd. raised its stake in shares of KLA-Tencor Corp (NASDAQ:KLAC) by 7.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,885 shares of the semiconductor company’s stock after acquiring an additional 2,491 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in KLA-Tencor were worth $3,592,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Alps Advisors Inc. raised its stake in shares of KLA-Tencor by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 5,156 shares of the semiconductor company’s stock worth $472,000 after purchasing an additional 14 shares during the period. Navellier & Associates Inc raised its stake in shares of KLA-Tencor by 1.2% during the 2nd quarter. Navellier & Associates Inc now owns 2,495 shares of the semiconductor company’s stock worth $228,000 after purchasing an additional 30 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of KLA-Tencor by 2.0% during the 2nd quarter. Checchi Capital Advisers LLC now owns 2,205 shares of the semiconductor company’s stock worth $202,000 after purchasing an additional 44 shares during the period. Wetherby Asset Management Inc. raised its stake in shares of KLA-Tencor by 1.9% during the 2nd quarter. Wetherby Asset Management Inc. now owns 3,107 shares of the semiconductor company’s stock worth $284,000 after purchasing an additional 59 shares during the period. Finally, UMB Bank N A MO raised its stake in shares of KLA-Tencor by 1.2% during the 2nd quarter. UMB Bank N A MO now owns 5,876 shares of the semiconductor company’s stock worth $538,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Shares of KLA-Tencor Corp (NASDAQ:KLAC) opened at $103.98 on Friday. KLA-Tencor Corp has a twelve month low of $76.56 and a twelve month high of $110.00. The firm has a market capitalization of $16,310.00, a PE ratio of 15.89, a P/E/G ratio of 0.67 and a beta of 1.63. The company has a quick ratio of 2.59, a current ratio of 3.11 and a debt-to-equity ratio of 1.72.

KLA-Tencor (NASDAQ:KLAC) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.17. The company had revenue of $970.00 million during the quarter, compared to analyst estimates of $946.86 million. KLA-Tencor had a return on equity of 84.61% and a net margin of 27.82%. The firm’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. analysts forecast that KLA-Tencor Corp will post 7.31 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend was Tuesday, November 14th. KLA-Tencor’s payout ratio is presently 36.20%.

KLAC has been the topic of a number of recent analyst reports. Credit Suisse Group reiterated an “outperform” rating on shares of KLA-Tencor in a research note on Thursday, August 31st. Goldman Sachs Group cut KLA-Tencor from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $108.00 to $97.00 in a research note on Wednesday, September 13th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 target price on shares of KLA-Tencor in a research note on Friday, September 1st. B. Riley reiterated a “buy” rating and set a $129.00 target price (up from $120.00) on shares of KLA-Tencor in a research note on Friday, October 27th. Finally, KeyCorp reiterated a “hold” rating on shares of KLA-Tencor in a research note on Sunday, October 15th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $108.68.

In other KLA-Tencor news, SVP Virendra A. Kirloskar sold 600 shares of KLA-Tencor stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $101.52, for a total transaction of $60,912.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Emiko Higashi sold 500 shares of KLA-Tencor stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $110.00, for a total value of $55,000.00. Following the transaction, the director now directly owns 13,588 shares of the company’s stock, valued at approximately $1,494,680. The disclosure for this sale can be found here. Insiders have sold a total of 34,400 shares of company stock valued at $3,585,084 in the last ninety days. Insiders own 0.20% of the company’s stock.

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About KLA-Tencor

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.

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

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