Harvest Fund Management Co. Ltd lifted its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,665 shares of the semiconductor company's stock after acquiring an additional 652 shares during the quarter. ASML makes up approximately 0.7% of Harvest Fund Management Co. Ltd's holdings, making the stock its 23rd largest holding. Harvest Fund Management Co. Ltd's holdings in ASML were worth $14,895,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Amundi raised its position in ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after purchasing an additional 328,552 shares during the last quarter. Raymond James Financial Inc. bought a new position in ASML in the 4th quarter worth approximately $175,257,000. Fisher Funds Management LTD bought a new position in ASML in the 4th quarter worth approximately $137,386,000. SG Americas Securities LLC raised its position in ASML by 281.3% in the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company's stock worth $108,601,000 after purchasing an additional 115,603 shares during the last quarter. Finally, Westfield Capital Management Co. LP raised its position in ASML by 126.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company's stock worth $123,635,000 after purchasing an additional 82,836 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently weighed in on ASML. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price objective for the company. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Finally, DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.
Read Our Latest Analysis on ASML
ASML Trading Down 2.4 %
Shares of ASML traded down $17.84 during trading hours on Friday, reaching $716.22. The stock had a trading volume of 1,965,756 shares, compared to its average volume of 1,527,940. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm has a 50-day moving average of $730.88 and a 200 day moving average of $735.13. The company has a market cap 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.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 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%. On average, sell-side analysts expect that ASML Holding will post 25.17 earnings per share 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 given a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend 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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