Advisory Services Network LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 31.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,623 shares of the semiconductor company's stock after buying an additional 858 shares during the quarter. Advisory Services Network LLC's holdings in ASML were worth $2,511,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Renaissance Technologies LLC bought a new position in shares of ASML during the 4th quarter worth $270,000. Bank of Nova Scotia lifted its position in shares of ASML by 269.1% in the 4th quarter. Bank of Nova Scotia now owns 7,119 shares of the semiconductor company's stock worth $4,934,000 after purchasing an additional 5,190 shares during the period. Shelton Capital Management increased its holdings in ASML by 1.4% during the fourth quarter. Shelton Capital Management now owns 12,402 shares of the semiconductor company's stock valued at $8,596,000 after buying an additional 177 shares during the period. Canopy Partners LLC lifted its holdings in ASML by 10.0% during the fourth quarter. Canopy Partners LLC now owns 638 shares of the semiconductor company's stock worth $442,000 after buying an additional 58 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of ASML by 28.0% in the 4th quarter. Legal & General Group Plc now owns 24,554 shares of the semiconductor company's stock valued at $17,018,000 after acquiring an additional 5,377 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.
Wall Street Analyst Weigh In
ASML has been the subject of a number of recent research reports. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Finally, Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $937.00.
Check Out Our Latest Research Report on ASML
ASML Stock Performance
ASML stock traded up $11.50 during midday trading on Tuesday, reaching $684.37. The stock had a trading volume of 1,084,017 shares, compared to its average volume of 1,624,072. The firm has a fifty day simple moving average of $704.82 and a two-hundred day simple moving average of $716.86. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market cap of $269.25 billion, a PE ratio of 32.90, a P/E/G ratio of 1.62 and a beta of 1.67.
ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's dividend payout ratio is presently 31.35%.
About ASML
(
Free Report)
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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