Teachers Retirement System of The State of Kentucky Has $5.94 Million Stake in ASML Holding (NASDAQ:ASML)

Teachers Retirement System of The State of Kentucky lessened its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 25.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,564 shares of the semiconductor company's stock after selling 3,000 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in ASML were worth $5,936,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ASML. Tower Research Capital LLC TRC boosted its holdings in shares of ASML by 250.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,981 shares of the semiconductor company's stock valued at $6,918,000 after acquiring an additional 7,136 shares in the last quarter. Transatlantique Private Wealth LLC lifted its position in ASML by 181.5% in the fourth quarter. Transatlantique Private Wealth LLC now owns 7,790 shares of the semiconductor company's stock worth $5,487,000 after purchasing an additional 5,023 shares during the period. Transce3nd LLC bought a new position in ASML during the 4th quarter valued at $611,000. Seaview Investment Managers LLC acquired a new position in shares of ASML during the 4th quarter valued at $10,574,000. Finally, MML Investors Services LLC raised its position in ASML by 27.1% in the fourth quarter. MML Investors Services LLC now owns 42,852 shares of the semiconductor company's stock worth $29,700,000 after acquiring an additional 9,129 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Stock Up 0.3 %

NASDAQ ASML traded up $2.27 on Friday, reaching $677.27. The company had a trading volume of 1,280,834 shares, compared to its average volume of 1,636,070. 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 firm has a market capitalization of $266.45 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company's fifty day moving average is $688.72 and its 200-day moving average is $708.52.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. On average, research analysts forecast 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 paid a dividend of $1.5855 per share. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's dividend payout ratio is presently 27.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on 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. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Susquehanna dropped 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. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $906.00.

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.