LGT Fund Management Co Ltd. bought a new position in ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 500 shares of the semiconductor company's stock, valued at approximately $347,000.
Other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC increased its stake in ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock valued at $768,000 after purchasing an additional 15 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in shares of ASML by 13.0% during the third quarter. Chicago Partners Investment Group LLC now owns 1,311 shares of the semiconductor company's stock valued at $1,092,000 after acquiring an additional 151 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in ASML by 9.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 55,699 shares of the semiconductor company's stock worth $46,411,000 after acquiring an additional 4,903 shares during the last quarter. Blue Square Asset Management LLC lifted its position in ASML by 56.3% in the 3rd quarter. Blue Square Asset Management LLC now owns 2,891 shares of the semiconductor company's stock valued at $2,409,000 after acquiring an additional 1,041 shares in the last quarter. Finally, Forum Financial Management LP boosted its stake in ASML by 1.2% during the 3rd quarter. Forum Financial Management LP now owns 2,182 shares of the semiconductor company's stock valued at $1,818,000 after purchasing an additional 26 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Stock Performance
Shares of NASDAQ:ASML traded up $28.46 during trading on Wednesday, hitting $736.68. The company's stock had a trading volume of 1,218,488 shares, compared to its average volume of 1,512,282. 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 firm has a market cap of $289.83 billion, a price-to-earnings ratio of 35.36, a P/E/G ratio of 1.62 and a beta of 1.47. The company has a 50-day moving average of $732.50 and a 200-day moving average of $750.10. 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 released 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%. On average, sell-side analysts expect 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 was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio is 31.35%.
Analyst Ratings Changes
ASML has been the subject of several recent analyst reports. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Finally, Wells Fargo & Company raised 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. Two research 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.
Check Out Our Latest Stock Report 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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