Capital Advisors Ltd. LLC Has $35,000 Holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS)

Capital Advisors Ltd. LLC lifted its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 1,415.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 500 shares of the semiconductor company’s stock after purchasing an additional 467 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Axcelis Technologies were worth $35,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ACLS. Assenagon Asset Management S.A. increased its position in shares of Axcelis Technologies by 127.8% during the third quarter. Assenagon Asset Management S.A. now owns 54,555 shares of the semiconductor company’s stock worth $5,720,000 after buying an additional 30,609 shares during the period. Nisa Investment Advisors LLC grew its holdings in Axcelis Technologies by 11.9% in the third quarter. Nisa Investment Advisors LLC now owns 1,069 shares of the semiconductor company’s stock worth $112,000 after purchasing an additional 114 shares during the period. US Bancorp DE grew its holdings in Axcelis Technologies by 13.5% in the third quarter. US Bancorp DE now owns 4,131 shares of the semiconductor company’s stock worth $433,000 after purchasing an additional 490 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Axcelis Technologies by 243.8% in the third quarter. Harbor Capital Advisors Inc. now owns 60,328 shares of the semiconductor company’s stock worth $6,325,000 after purchasing an additional 42,779 shares during the period. Finally, Van ECK Associates Corp grew its holdings in Axcelis Technologies by 40.0% in the third quarter. Van ECK Associates Corp now owns 23,751 shares of the semiconductor company’s stock worth $2,490,000 after purchasing an additional 6,786 shares during the period. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ACLS shares. Benchmark cut shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Craig Hallum reduced their price objective on shares of Axcelis Technologies from $115.00 to $105.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Needham & Company LLC reiterated a “hold” rating on shares of Axcelis Technologies in a report on Wednesday, February 12th. Finally, William Blair cut shares of Axcelis Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Axcelis Technologies has an average rating of “Hold” and an average target price of $154.00.

Axcelis Technologies Stock Up 0.3 %

ACLS opened at $63.30 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.41 and a quick ratio of 4.05. The company’s 50-day moving average is $68.59 and its 200 day moving average is $84.78. Axcelis Technologies, Inc. has a fifty-two week low of $56.32 and a fifty-two week high of $158.61. The firm has a market capitalization of $2.06 billion, a P/E ratio of 10.29, a PEG ratio of 4.52 and a beta of 1.52.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Monday, February 10th. The semiconductor company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.29. Axcelis Technologies had a net margin of 19.75% and a return on equity of 21.02%. Research analysts expect that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.