Scotia Capital Inc. Acquires 5,598 Shares of ASML Holding (NASDAQ:ASML)

Scotia Capital Inc. grew its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,666 shares of the semiconductor company's stock after acquiring an additional 5,598 shares during the period. Scotia Capital Inc.'s holdings in ASML were worth $45,513,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Edgewood Management LLC increased its position in ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the period. Amundi raised its holdings in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after purchasing an additional 328,552 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after buying an additional 281,156 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of ASML during the 4th quarter worth $175,257,000. Finally, Fisher Funds Management LTD acquired a new stake in shares of ASML during the fourth quarter worth $137,386,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 0.2 %

ASML traded down $1.66 during midday trading on Monday, hitting $667.15. The company had a trading volume of 753,081 shares, compared to its average volume of 1,623,059. The company has a market capitalization of $262.47 billion, a price-to-earnings ratio of 32.07, a PEG ratio of 1.62 and a beta of 1.67. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The stock's 50 day moving average price is $706.22 and its 200 day moving average price is $718.04. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

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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 analysts' consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a $1.5855 dividend. This is a boost from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML's payout ratio is presently 31.35%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased 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 research note on Thursday, January 30th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company boosted 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 research 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $937.00.

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.