Fmr LLC Lowers Stock Holdings in ASML Holding (NASDAQ:ASML)

FMR LLC trimmed its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 15.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,354,140 shares of the semiconductor company's stock after selling 622,089 shares during the period. FMR LLC owned about 0.85% of ASML worth $2,324,687,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Edgewood Management LLC increased its holdings in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the last quarter. Amundi increased its stake in 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 last quarter. Wellington Management Group LLP raised its holdings in ASML by 53.4% during the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after purchasing an additional 281,156 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of ASML during the 4th quarter worth approximately $175,257,000. Finally, Fisher Funds Management LTD purchased a new position in shares of ASML in the 4th quarter valued at $137,386,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Price Performance

ASML traded down $40.40 during midday trading on Thursday, reaching $646.86. 1,778,695 shares of the company's stock were exchanged, compared to its average volume of 1,611,066. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The stock has a market capitalization of $254.49 billion, a PE ratio of 30.83, a P/E/G ratio of 1.62 and a beta of 1.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business's 50-day moving average price is $709.10 and its 200 day moving average price is $721.15.

Remove Ads

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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%. As a group, equities analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. This is a boost from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML's dividend payout ratio (DPR) is currently 31.35%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ASML shares. 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. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Finally, Wells Fargo & Company boosted 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. Two investment 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, the company has an average rating of "Moderate Buy" and an average target price of $937.00.

ASML Company Profile

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.