Sei Investments Co. Has $75.46 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Sei Investments Co. cut its stake in ASML Holding (NASDAQ:ASML - Free Report) by 43.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,884 shares of the semiconductor company's stock after selling 85,317 shares during the quarter. Sei Investments Co.'s holdings in ASML were worth $75,464,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASML. Kennebec Savings Bank raised its stake in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its holdings in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML during the fourth quarter worth $31,000. Brooklyn Investment Group acquired a new position in ASML in the third quarter worth $43,000. Finally, Itau Unibanco Holding S.A. bought a new stake in ASML during the third quarter valued at $43,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. decreased their price target 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. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target for the company. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

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ASML Price Performance

Shares of ASML stock traded down $20.98 during mid-day trading on Wednesday, hitting $705.76. 1,266,145 shares of the stock traded hands, compared to its average volume of 1,528,235. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company's 50-day simple moving average is $730.70 and its 200-day simple moving average is $733.15. The firm has a market cap of $277.66 billion, a price-to-earnings ratio of 33.93, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML - Get Free Report) last released its 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%. As a group, equities research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued 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%.

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.