Horizon Investments LLC cut its stake in ASML Holding (NASDAQ:ASML - Free Report) by 35.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,083 shares of the semiconductor company's stock after selling 599 shares during the period. Horizon Investments LLC's holdings in ASML were worth $751,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of ASML. Kennebec Savings Bank raised its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC grew its position in 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 during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT grew its position in 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 during the last quarter. Finally, Roxbury Financial LLC bought a new stake in ASML during the 4th quarter worth approximately $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ASML has been the topic of a number of research analyst reports. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research report on Friday, November 29th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. decreased their price target on 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, Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $937.00.
Get Our Latest Stock Analysis on ASML
ASML Trading Down 2.4 %
ASML traded down $17.84 during mid-day trading on Friday, reaching $716.22. The stock had a trading volume of 1,965,756 shares, compared to its average volume of 1,531,293. The stock has a market capitalization of $281.78 billion, a P/E ratio of 34.43, a P/E/G ratio of 1.62 and a beta of 1.54. 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 firm's fifty day simple moving average is $730.88 and its two-hundred day simple moving average is $734.36. 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 results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts predict that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) 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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