How Analysts Feel About KLA-Tencor Corporation (NASDAQ:KLAC)?

January 20, 2018 - By Kurt Siggers

 How Analysts Feel About KLA Tencor Corporation (NASDAQ:KLAC)?
Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.23, from 1.24 in 2017Q2. It dropped, as 47 investors sold KLA-Tencor Corporation shares while 165 reduced holdings. 57 funds opened positions while 158 raised stakes. 139.45 million shares or 0.69% more from 138.49 million shares in 2017Q2 were reported.
Chevy Chase Trust Holding accumulated 0.07% or 136,792 shares. Victory Cap Mngmt has invested 0.2% in KLA-Tencor Corporation (NASDAQ:KLAC). Tru Department Mb Finance Fincl Bank N A has 0% invested in KLA-Tencor Corporation (NASDAQ:KLAC) for 63 shares. Reliance Trust Of Delaware reported 2,547 shares. Conning Inc holds 4,722 shares or 0.02% of its portfolio. The Japan-based Meiji Yasuda Life Insurance has invested 0.07% in KLA-Tencor Corporation (NASDAQ:KLAC). Moreover, Ledyard National Bank has 0.02% invested in KLA-Tencor Corporation (NASDAQ:KLAC). Global X Mgmt Limited Liability Corp owns 3,121 shares for 0.01% of their portfolio. Parallax Volatility Advisers Ltd Partnership owns 13 shares. Nationwide Fund Advsrs reported 0.05% stake. Midas reported 1.06% of its portfolio in KLA-Tencor Corporation (NASDAQ:KLAC). Bokf Na, Oklahoma-based fund reported 13,213 shares. 2,868 are held by Contravisory Inv Mngmt Incorporated. Westwood Gp Incorporated accumulated 108,730 shares or 0.09% of the stock. Japan-based Meiji Yasuda Asset Mngmt Ltd has invested 0.08% in KLA-Tencor Corporation (NASDAQ:KLAC).

Since August 1, 2017, it had 0 insider buys, and 20 sales for $7.88 million activity. 6,307 shares valued at $562,269 were sold by Kirloskar Virendra A on Friday, August 4. Shares for $446,938 were sold by Bell Bobby R on Monday, October 2. $362,484 worth of KLA-Tencor Corporation (NASDAQ:KLAC) was sold by Khan Ahmad A. on Friday, August 4. Higashi Emiko had sold 500 shares worth $52,922. 526 shares were sold by Lorig Brian, worth $48,839. Trafas Brian M. sold $192,615 worth of KLA-Tencor Corporation (NASDAQ:KLAC) on Wednesday, September 6.

KLA-Tencor Corporation (NASDAQ:KLAC) Ratings Coverage

Among 18 analysts covering KLA-Tencor Corporation (NASDAQ:KLAC), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. KLA-Tencor Corporation had 51 analyst reports since July 28, 2015 according to SRatingsIntel. As per Thursday, October 6, the company rating was upgraded by Berenberg. The rating was maintained by Needham on Friday, October 21 with “Buy”. The rating was maintained by B. Riley & Co on Thursday, October 22 with “Neutral”. Needham maintained KLA-Tencor Corporation (NASDAQ:KLAC) rating on Friday, January 27. Needham has “Strong Buy” rating and $105 target. The firm has “Outperform” rating by Cowen & Co given on Monday, August 29. The stock of KLA-Tencor Corporation (NASDAQ:KLAC) has “Neutral” rating given on Thursday, October 22 by Piper Jaffray. B. Riley & Co upgraded KLA-Tencor Corporation (NASDAQ:KLAC) on Thursday, October 6 to “Buy” rating. The rating was maintained by Needham on Thursday, October 19 with “Buy”. Citigroup maintained the shares of KLAC in report on Monday, October 30 with “Neutral” rating. The stock of KLA-Tencor Corporation (NASDAQ:KLAC) earned “Buy” rating by Needham on Friday, October 7. Below is a list of KLA-Tencor Corporation (NASDAQ:KLAC) latest ratings and price target changes.

08/01/2018 Broker: Needham Old Rating: Strong Buy New Rating: Buy Downgrade
18/12/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
29/11/2017 Broker: Argus Research Rating: Buy New Target: $125 Initiates Coverage On
16/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
27/10/2017 Broker: Needham Rating: Buy New Target: $130.0 Maintain
30/10/2017 Broker: Citigroup Rating: Neutral Old Target: $106 New Target: $110 Maintain
27/10/2017 Broker: J.P. Morgan Rating: Buy New Target: $136.0
25/10/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $106 New Target: $114 Maintain
19/10/2017 Broker: Needham Rating: Buy New Target: $120.0 Maintain
12/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock increased 0.32% or $0.37 during the last trading session, reaching $115.02. About 988,469 shares traded. KLA-Tencor Corporation (NASDAQ:KLAC) has risen 49.94% since January 20, 2017 and is uptrending. It has outperformed by 33.24% the S&P500.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nano-electronics industries worldwide. The company has market cap of $18.03 billion. It offers chip manufacturing products, such as front-end defect inspection tools, defect review systems, advanced packaging process control systems, metrology solutions, in-situ process monitoring products, and lithography software; wafer manufacturing products comprising wafer manufacturing products comprising surface and defect inspection, wafer geometry and nanotopography metrology, and data management; and reticle manufacturing products, such as defect inspection and pattern placement metrology products. It has a 17.62 P/E ratio. The firm also provides light emitting diode , power device, and compound semiconductor manufacturing products consisting of patterned wafer inspection, defect inspection, surface metrology, and data management products; thin-film head metrology and inspection, virtual lithography, in-situ process monitoring, transparent and metal substrate inspection, and data management products for data storage media/head manufacturing; and stylus and optical profiling, and optical inspection products for microelectromechanical systems manufacturing, as well as products for general purpose/lab applications.

Another recent and important KLA-Tencor Corporation (NASDAQ:KLAC) news was published by Nasdaq.com which published an article titled: “Earnings Reaction History: KLA-Tencor Corp., 42.9% Follow-Through Indicator, 3 …” on October 26, 2017.

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