ASML Holding (NASDAQ:ASML) Shares Acquired by State Street Corp

State Street Corp raised its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 5.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,802 shares of the semiconductor company's stock after buying an additional 7,010 shares during the quarter. State Street Corp's holdings in ASML were worth $117,323,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ASML. Stifel Financial Corp grew its position in shares of ASML by 16.1% during the 3rd quarter. Stifel Financial Corp now owns 258,638 shares of the semiconductor company's stock valued at $215,530,000 after purchasing an additional 35,926 shares in the last quarter. Quantinno Capital Management LP grew its position in ASML by 8.3% during the 3rd quarter. Quantinno Capital Management LP now owns 15,516 shares of the semiconductor company's stock worth $12,929,000 after acquiring an additional 1,190 shares during the last quarter. Reynders McVeigh Capital Management LLC increased its stake in shares of ASML by 2.0% in the third quarter. Reynders McVeigh Capital Management LLC now owns 11,558 shares of the semiconductor company's stock worth $9,630,000 after buying an additional 226 shares during the period. Point72 DIFC Ltd increased its holdings in ASML by 171.7% during the 3rd quarter. Point72 DIFC Ltd now owns 17,432 shares of the semiconductor company's stock valued at $14,525,000 after purchasing an additional 11,017 shares during the period. Finally, Morse Asset Management Inc purchased a new position in ASML during the 3rd quarter valued at $52,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on ASML. Berenberg Bank upgraded shares of ASML to a "strong-buy" rating in a research note on Wednesday, October 2nd. Wells Fargo & Company lowered their price objective on shares of ASML from $1,000.00 to $790.00 and set an "overweight" rating on the stock in a research report on Thursday, October 17th. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. Finally, Morgan Stanley downgraded shares of ASML from an "overweight" rating to an "equal weight" rating in a report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average target price of $943.83.

ASML Trading Up 0.5 %

ASML stock traded up $3.80 during mid-day trading on Monday, hitting $722.38. The company's stock had a trading volume of 1,541,642 shares, compared to its average volume of 1,451,395. The firm has a market capitalization of $284.20 billion, a PE ratio of 37.92, a price-to-earnings-growth ratio of 2.07 and a beta of 1.49. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock's fifty day moving average is $709.10 and its two-hundred day moving average is $848.69. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, analysts anticipate that ASML Holding will post 20.68 EPS for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.78%. ASML's payout ratio is currently 29.21%.

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.