Stifel Financial Corp lessened its stake in ASML Holding (NASDAQ:ASML - Free Report) by 15.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 219,609 shares of the semiconductor company's stock after selling 39,029 shares during the quarter. Stifel Financial Corp owned approximately 0.06% of ASML worth $152,220,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in the company. Carnegie Investment Counsel raised its holdings in shares of ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of ASML in the fourth quarter worth $1,174,000. Foundations Investment Advisors LLC raised its stake in shares of ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock worth $18,243,000 after purchasing an additional 7,073 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of ASML by 12.2% during the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after purchasing an additional 1,062 shares during the last quarter. Finally, Alpha Cubed Investments LLC raised its holdings in ASML by 33.9% during the fourth quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock valued at $56,530,000 after buying an additional 20,651 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
ASML has been the topic of several research analyst reports. Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wells Fargo & Company cut their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.
Check Out Our Latest Stock Report on ASML
ASML Stock Performance
Shares of ASML stock traded up $2.27 during trading on Friday, hitting $677.27. The company's stock had a trading volume of 1,280,748 shares, compared to its average volume of 1,636,070. 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 company has a market cap of $266.45 billion, a PE ratio of 32.56, a P/E/G 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 business has a fifty day moving average of $688.72 and a 200-day moving average of $708.52.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is presently 27.48%.
About ASML
(
Free Report)
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.
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