Appaloosa LP raised its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 106.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 160,000 shares of the semiconductor company's stock after acquiring an additional 82,500 shares during the quarter. ASML makes up 1.7% of Appaloosa LP's investment portfolio, making the stock its 17th biggest holding. Appaloosa LP's holdings in ASML were worth $110,893,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Kennebec Savings Bank boosted its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 25 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML during the 4th quarter worth about $31,000. Albion Financial Group UT boosted its position in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 32 shares in the last quarter. Roxbury Financial LLC acquired a new position in shares of ASML during the 4th quarter worth about $39,000. Finally, Caitlin John LLC boosted its position in shares of ASML by 78.1% during the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 25 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 target price for the company. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Finally, Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. Two research 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $937.00.
Read Our Latest Report on ASML
ASML Stock Up 1.9 %
ASML opened at $703.37 on Thursday. The business has a 50 day moving average price of $733.14 and a two-hundred day moving average price of $742.38. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market cap of $276.72 billion, a PE ratio of 33.82, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML's dividend payout ratio is 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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