KLA-Tencor Corporation (KLAC) Stake Maintained by Regis Management CO LLC

Regis Management CO LLC held its stake in shares of KLA-Tencor Corporation (NASDAQ:KLAC) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 8,644 shares of the semiconductor company’s stock at the end of the first quarter. Regis Management CO LLC’s holdings in KLA-Tencor Corporation were worth $822,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KLAC. Parnassus Investments CA bought a new stake in shares of KLA-Tencor Corporation during the third quarter valued at $117,072,000. Norges Bank bought a new stake in shares of KLA-Tencor Corporation during the fourth quarter valued at $88,590,000. AQR Capital Management LLC increased its stake in shares of KLA-Tencor Corporation by 8,519.9% in the fourth quarter. AQR Capital Management LLC now owns 1,078,003 shares of the semiconductor company’s stock valued at $84,817,000 after buying an additional 1,065,497 shares during the last quarter. FMR LLC increased its stake in shares of KLA-Tencor Corporation by 103.2% in the fourth quarter. FMR LLC now owns 1,972,174 shares of the semiconductor company’s stock valued at $155,171,000 after buying an additional 1,001,485 shares during the last quarter. Finally, Janus Capital Management LLC increased its stake in shares of KLA-Tencor Corporation by 47.9% in the fourth quarter. Janus Capital Management LLC now owns 2,914,286 shares of the semiconductor company’s stock valued at $229,296,000 after buying an additional 944,286 shares during the last quarter. 92.03% of the stock is owned by institutional investors.

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

Shares of KLA-Tencor Corporation (NASDAQ KLAC) traded up 0.65% during trading on Friday, reaching $97.70. The company had a trading volume of 1,720,718 shares. The company has a market cap of $15.32 billion, a P/E ratio of 16.31 and a beta of 1.61. KLA-Tencor Corporation has a 12-month low of $66.88 and a 12-month high of $109.59. The firm has a 50-day moving average of $102.11 and a 200-day moving average of $91.28.

KLA-Tencor Corporation (NASDAQ:KLAC) last posted its quarterly earnings data on Thursday, April 27th. The semiconductor company reported $1.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.08. KLA-Tencor Corporation had a net margin of 27.20% and a return on equity of 106.36%. The company had revenue of $914 million during the quarter, compared to analysts’ expectations of $895.69 million. During the same period in the prior year, the company posted $1.15 earnings per share. KLA-Tencor Corporation’s revenue for the quarter was up 28.4% compared to the same quarter last year. On average, equities research analysts anticipate that KLA-Tencor Corporation will post $5.89 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Monday, May 15th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 2.21%. The ex-dividend date was Thursday, May 11th. KLA-Tencor Corporation’s dividend payout ratio (DPR) is presently 36.06%.

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Several research firms recently commented on KLAC. B. Riley reiterated a “buy” rating and issued a $115.00 price target on shares of KLA-Tencor Corporation in a research note on Wednesday, May 3rd. BidaskClub cut KLA-Tencor Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday. Cowen and Company boosted their price target on KLA-Tencor Corporation from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, June 2nd. Deutsche Bank AG reiterated a “hold” rating and issued a $100.00 price target (up previously from $85.00) on shares of KLA-Tencor Corporation in a research note on Saturday, April 29th. Finally, Needham & Company LLC upped their price objective on KLA-Tencor Corporation from $105.00 to $120.00 and gave the company a “strong-buy” rating in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $92.98.

In other KLA-Tencor Corporation news, SVP Brian Lorig sold 1,663 shares of the firm’s stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $99.81, for a total value of $165,984.03. Following the completion of the sale, the senior vice president now directly owns 1,346 shares in the company, valued at $134,344.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bobby R. Bell sold 5,695 shares of the firm’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $100.54, for a total transaction of $572,575.30. Following the completion of the sale, the insider now owns 1 shares of the company’s stock, valued at $100.54. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,858 shares of company stock valued at $986,284. 0.26% of the stock is currently owned by corporate insiders.

KLA-Tencor Corporation Company 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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