Easterly Investment Partners LLC acquired a new position in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,004 shares of the semiconductor company's stock, valued at approximately $696,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Amundi boosted its stake in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after purchasing an additional 328,552 shares during the period. Raymond James Financial Inc. purchased a new position in ASML in the 4th quarter valued at approximately $175,257,000. Fisher Funds Management LTD acquired a new position in shares of ASML in the fourth quarter worth $137,386,000. SG Americas Securities LLC raised its stake in shares of ASML by 281.3% in 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, Appaloosa LP boosted its holdings in ASML by 106.5% in the fourth quarter. Appaloosa LP now owns 160,000 shares of the semiconductor company's stock valued at $110,893,000 after purchasing an additional 82,500 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have weighed in on ASML. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. decreased their price target on shares of 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. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.
Get Our Latest Analysis on ASML
ASML Stock Down 2.7 %
Shares of NASDAQ ASML traded down $18.11 during mid-day trading on Monday, reaching $656.47. The company had a trading volume of 701,457 shares, compared to its average volume of 1,554,184. The firm has a 50 day simple moving average of $727.46 and a two-hundred day simple moving average of $731.53. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market cap of $258.27 billion, a P/E ratio of 31.61, a PEG ratio of 1.62 and a beta of 1.54.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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 predict that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date is Monday, April 28th. This is a boost from ASML's previous dividend of $1.08. ASML's payout ratio is currently 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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