CIBC Asset Management Inc increased its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,214 shares of the semiconductor company's stock after acquiring an additional 3,057 shares during the quarter. CIBC Asset Management Inc's holdings in ASML were worth $19,498,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company's stock worth $4,096,410,000 after purchasing an additional 491,096 shares in the last quarter. Van ECK Associates Corp boosted its holdings in ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock worth $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd acquired a new stake in ASML in the third quarter valued at approximately $125,952,000. SG Americas Securities LLC increased its holdings in shares of ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company's stock valued at $108,601,000 after acquiring an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC raised its position in shares of ASML by 97,001.7% during the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company's stock worth $94,665,000 after purchasing an additional 113,492 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target for the company. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. 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, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $937.00.
Check Out Our Latest Stock Analysis on ASML
ASML Stock Performance
Shares of ASML stock traded down $6.08 during mid-day trading on Friday, hitting $737.01. 1,471,505 shares of the stock were exchanged, compared to its average volume of 1,797,356. The company has a market capitalization of $289.96 billion, a P/E ratio of 35.43, a P/E/G ratio of 1.64 and a beta of 1.47. 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 company has a 50-day simple moving average of $732.62 and a 200 day simple moving average of $759.39. ASML Holding has a 12 month low of $645.45 and a 12 month 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 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%. Sell-side analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued 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 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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