Orion Investment Co lifted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 44.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,612 shares of the semiconductor company's stock after buying an additional 1,105 shares during the quarter. ASML makes up about 1.0% of Orion Investment Co's investment portfolio, making the stock its 24th largest holding. Orion Investment Co's holdings in ASML were worth $2,503,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in ASML by 56.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 565 shares of the semiconductor company's stock worth $471,000 after buying an additional 205 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in ASML by 36.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,799 shares of the semiconductor company's stock worth $5,665,000 after purchasing an additional 1,830 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in ASML by 603.5% in the third quarter. Benjamin Edwards Inc. now owns 3,250 shares of the semiconductor company's stock worth $2,709,000 after purchasing an additional 2,788 shares during the period. Hilltop Holdings Inc. increased its stake in ASML by 219.6% during the third quarter. Hilltop Holdings Inc. now owns 1,208 shares of the semiconductor company's stock valued at $1,006,000 after purchasing an additional 830 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of ASML by 6.8% during the third quarter. Integrated Wealth Concepts LLC now owns 2,332 shares of the semiconductor company's stock worth $1,943,000 after purchasing an additional 148 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Stock Performance
Shares of NASDAQ ASML traded up $4.59 during midday trading on Tuesday, hitting $620.43. 1,085,003 shares of the company's stock were exchanged, compared to its average volume of 1,589,220. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. 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 $244.09 billion, a P/E ratio of 29.68, a PEG ratio of 1.62 and a beta of 1.67. The stock's 50 day moving average price is $715.24 and its 200-day moving average price is $724.50.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly 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 return on equity of 47.73% and a net margin of 26.78%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. 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 payout ratio is 31.35%.
Analyst Ratings Changes
ASML has been the subject of a number of recent research reports. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Finally, 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 report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $937.00.
Check Out Our Latest Research Report on ASML
ASML Company 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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