KLA-Tencor Corp (KLAC) : Harvest Management scooped up 33,000 additional shares in KLA-Tencor Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 69,000 shares of KLA-Tencor Corp which is valued at $4,711,320.KLA-Tencor Corp makes up approximately 4.69% of Harvest Management’s portfolio.
Other Hedge Funds, Including , Algert Global added KLAC to its portfolio by purchasing 22,366 company shares during the most recent quarter which is valued at $1,527,150. KLA-Tencor Corp makes up approx 0.58% of Algert Global’s portfolio.Canada Pension Plan Investment Board boosted its stake in KLAC in the latest quarter, The investment management firm added 60,000 additional shares and now holds a total of 1,053,353 shares of KLA-Tencor Corp which is valued at $71,922,943. KLA-Tencor Corp makes up approx 0.28% of Canada Pension Plan Investment Board’s portfolio.Capstone Asset Management Co boosted its stake in KLAC in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 14,814 shares of KLA-Tencor Corp which is valued at $1,119,198. KLA-Tencor Corp makes up approx 0.03% of Capstone Asset Management Co’s portfolio.
KLA-Tencor Corp opened for trading at $68.58 and hit $69.74 on the upside on Monday, eventually ending the session at $68.73, with a gain of 1.79% or 1.21 points. The heightened volatility saw the trading volume jump to 19,67,604 shares. Company has a market cap of $10,722 M.
On the company’s financial health, KLA-Tencor Corp reported $1.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.35 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.42. The company had revenue of $919.17 million for the quarter, compared to analysts expectations of $842.10 million. The company’s revenue was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS.
Many Wall Street Analysts have commented on KLA-Tencor Corp. Company shares were Upgraded by Cowen on Aug 29, 2016 to ” Outperform”, Firm has raised the Price Target to $ 80 from a previous price target of $79 .Company shares were Reiterated by Cowen on Jul 29, 2016 to “Market Perform”, Firm has raised the Price Target to $ 79 from a previous price target of $70 .
KLA-Tencor Corporation 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 various other industries including the light emitting diode (LED) and data storage industries as well as general materials research. KLA-Tencor’s products and services are used by bare wafer integrated circuit (IC) lithography reticle and disk manufacturers around the world. These customers turn to the Company for inline wafer and IC defect monitoring review and classification; reticle defect inspection and metrology; packaging and interconnect inspection; critical dimension (CD) metrology; pattern overlay metrology; film thickness surface topography and composition measurements; measurement of in-chamber process conditions wafer shape and stress metrology; computational lithography tools and overall yield and fab-wide data management and analysis systems.