Ithaka Group LLC reduced its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 26.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,518 shares of the semiconductor company's stock after selling 4,540 shares during the quarter. ASML comprises 1.6% of Ithaka Group LLC's investment portfolio, making the stock its 23rd largest position. Ithaka Group LLC's holdings in ASML were worth $8,676,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in ASML. Kennebec Savings Bank grew its position 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 during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML in the 4th quarter valued at approximately $31,000. Albion Financial Group UT lifted its stake in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 32 shares during the period. Roxbury Financial LLC purchased a new position in shares of ASML in the 4th quarter valued at approximately $39,000. Finally, Caitlin John LLC lifted its stake in shares of ASML by 78.1% in the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 25 shares during the period. 26.07% of the stock is currently owned by institutional investors.
ASML Stock Down 1.2 %
Shares of ASML stock traded down $8.78 during mid-day trading on Thursday, hitting $694.59. The company's stock had a trading volume of 1,398,127 shares, compared to its average volume of 1,520,967. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The business has a 50-day moving average price of $733.02 and a 200 day moving average price of $742.04. 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 $273.27 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 1.62 and a beta of 1.54.
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 the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a positive change from ASML's previous dividend of $1.08. ASML's payout ratio is presently 31.35%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on ASML shares. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for the company. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. lowered their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus target price of $937.00.
Get Our Latest Stock Analysis on ASML
ASML Profile
(
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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