Russell Investments Group Ltd. Has $11.57 Million Stake in ASML Holding (NASDAQ:ASML)

Russell Investments Group Ltd. raised its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 33.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,698 shares of the semiconductor company's stock after purchasing an additional 4,217 shares during the period. Russell Investments Group Ltd.'s holdings in ASML were worth $11,573,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ASML. Ted Buchan & Co grew its holdings in ASML by 25.1% in the 4th quarter. Ted Buchan & Co now owns 4,249 shares of the semiconductor company's stock valued at $2,945,000 after buying an additional 852 shares during the last quarter. Old West Investment Management LLC bought a new stake in ASML in the 4th quarter valued at $866,000. Wedbush Securities Inc. increased its stake in ASML by 2.5% during the fourth quarter. Wedbush Securities Inc. now owns 1,100 shares of the semiconductor company's stock valued at $762,000 after acquiring an additional 27 shares during the period. Envestnet Asset Management Inc. increased its position in shares of ASML by 0.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 383,893 shares of the semiconductor company's stock valued at $266,068,000 after purchasing an additional 3,158 shares during the period. Finally, Perennial Investment Advisors LLC raised its stake in shares of ASML by 10.2% in the 4th quarter. Perennial Investment Advisors LLC now owns 874 shares of the semiconductor company's stock valued at $606,000 after buying an additional 81 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms recently commented on ASML. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. dropped 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. Finally, Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.

ASML Stock Up 1.8 %

Shares of NASDAQ ASML traded up $11.98 during mid-day trading on Tuesday, reaching $684.85. 909,768 shares of the company's stock were exchanged, compared to its average volume of 1,623,530. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $269.44 billion, a price-to-earnings ratio of 32.94, a PEG ratio of 1.62 and a beta of 1.67. The business has a fifty day simple moving average of $704.82 and a 200 day simple moving average of $716.86. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data 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%. As a group, equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

ASML 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.