Titleist Asset Management LLC Sells 1,409 Shares of ASML Holding (NASDAQ:ASML)

Titleist Asset Management LLC reduced its position in ASML Holding (NASDAQ:ASML - Free Report) by 33.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,864 shares of the semiconductor company's stock after selling 1,409 shares during the quarter. Titleist Asset Management LLC's holdings in ASML were worth $1,985,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amundi raised its stake in ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after acquiring an additional 328,552 shares in the last quarter. Wellington Management Group LLP increased its position in ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after purchasing an additional 281,156 shares in the last quarter. Raymond James Financial Inc. bought a new position in ASML in the 4th quarter valued at approximately $175,257,000. Fisher Funds Management LTD bought a new stake in shares of ASML during the fourth quarter worth $137,386,000. Finally, SG Americas Securities LLC increased its holdings in shares of ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company's stock worth $108,601,000 after buying an additional 115,603 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the topic of several recent research reports. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. lowered 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. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

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ASML Trading Up 3.3 %

ASML stock traded up $19.71 during trading on Wednesday, hitting $615.08. The company had a trading volume of 1,076,823 shares, compared to its average volume of 1,595,648. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The business has a 50-day moving average of $711.14 and a 200-day moving average of $722.20. The stock has a market cap of $241.99 billion, a PE ratio of 29.53, a PEG ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be given a dividend of $1.5855 per share. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's dividend payout ratio is presently 31.35%.

About ASML

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.