RWQ Financial Management Services Inc. Grows Position in ASML Holding (NASDAQ:ASML)

RWQ Financial Management Services Inc. lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 105.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 875 shares of the semiconductor company's stock after buying an additional 450 shares during the period. ASML comprises 0.2% of RWQ Financial Management Services Inc.'s portfolio, making the stock its 19th largest holding. RWQ Financial Management Services Inc.'s holdings in ASML were worth $606,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Amundi lifted its stake in ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after acquiring an additional 328,552 shares during the period. Raymond James Financial Inc. purchased a new position in shares of ASML during the fourth quarter valued at approximately $175,257,000. Fisher Funds Management LTD bought a new position in ASML during the fourth quarter valued at approximately $137,386,000. SG Americas Securities LLC boosted its holdings in ASML by 281.3% in the fourth 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 grew 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 period. Institutional investors own 26.07% of the company's stock.

Remove Ads

ASML Stock Performance

ASML stock traded up $11.62 during midday trading on Monday, hitting $727.84. The stock had a trading volume of 1,103,653 shares, compared to its average volume of 1,529,582. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a market capitalization of $286.35 billion, a PE ratio of 34.99, a P/E/G ratio of 1.62 and a beta of 1.54. The firm's fifty day moving average is $730.88 and its two-hundred day moving average is $733.81. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last announced 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%. On average, research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a $1.5855 dividend. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML's payout ratio is presently 31.35%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target for the company. Sanford C. Bernstein reduced their price target 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 raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced 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 report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $937.00.

ASML Company 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.