NEOS Investment Management LLC boosted its position in ASML Holding (NASDAQ:ASML - Free Report) by 13.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,162 shares of the semiconductor company's stock after buying an additional 592 shares during the period. NEOS Investment Management LLC's holdings in ASML were worth $3,578,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of ASML. 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 worth $247,019,000 after buying an additional 328,552 shares during the last quarter. Raymond James Financial Inc. acquired a new position in ASML in the fourth quarter valued at approximately $175,257,000. Fisher Funds Management LTD purchased a new stake in ASML in the 4th quarter worth approximately $137,386,000. SG Americas Securities LLC increased its holdings in shares of ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company's stock valued at $108,601,000 after purchasing an additional 115,603 shares in the last quarter. Finally, Appaloosa LP lifted its stake in shares of ASML by 106.5% in the 4th 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. Institutional investors and hedge funds own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on ASML shares. 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 research report on Thursday, January 30th. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price for the company. Two 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. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average price target of $937.00.
Check Out Our Latest Stock Analysis on ASML
ASML Price Performance
Shares of ASML stock traded up $7.79 during mid-day trading on Tuesday, reaching $670.42. 385,987 shares of the stock traded hands, compared to its average volume of 1,553,477. The stock has a market capitalization of $263.76 billion, a PE ratio of 32.22, a PEG ratio of 1.62 and a beta of 1.54. The business has a 50-day moving average of $725.59 and a 200 day moving average of $730.56. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. 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 (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, analysts predict that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML's dividend payout ratio is presently 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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