Capital World Investors lessened its stake in ASML Holding (NASDAQ:ASML - Free Report) by 22.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,599,999 shares of the semiconductor company's stock after selling 1,301,979 shares during the quarter. Capital World Investors owned 1.17% of ASML worth $3,188,309,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kennebec Savings Bank boosted its holdings in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 25 shares during the period. Wellington Shields & Co. LLC boosted its stake in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML during the 4th quarter worth $31,000. Albion Financial Group UT increased its position in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after buying an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new stake in shares of ASML during the fourth quarter worth about $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.
ASML Stock Up 3.4 %
NASDAQ:ASML traded up $21.68 during trading hours on Wednesday, hitting $660.37. 1,183,684 shares of the stock traded hands, compared to its average volume of 1,628,709. The firm has a market cap of $259.80 billion, a price-to-earnings ratio of 31.75, a PEG ratio of 1.62 and a beta of 1.67. The firm has a 50 day moving average price of $692.12 and a 200 day moving average price of $709.86. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's dividend payout ratio is presently 27.48%.
Wall Street Analyst Weigh In
ASML has been the topic of several research analyst reports. Susquehanna reduced their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. reduced 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 research report on Thursday, January 30th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $906.00.
Read Our Latest Analysis on ASML
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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