Tocqueville Asset Management L.P. Has $5.37 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Tocqueville Asset Management L.P. decreased its position in ASML Holding (NASDAQ:ASML - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,749 shares of the semiconductor company's stock after selling 423 shares during the quarter. Tocqueville Asset Management L.P.'s holdings in ASML were worth $5,371,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank grew its position in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its position in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in ASML during the 4th quarter valued at approximately $31,000. Albion Financial Group UT boosted its position in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 32 shares during the period. Finally, Roxbury Financial LLC acquired a new position in ASML during the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ASML shares. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for 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 report on Thursday, January 30th. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Finally, Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $937.00.

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ASML Price Performance

Shares of ASML traded down $17.84 during midday trading on Friday, reaching $716.22. The stock had a trading volume of 1,965,756 shares, compared to its average volume of 1,527,940. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm's 50 day moving average price is $730.88 and its 200-day moving average price is $735.13. The company has a market capitalization of $281.78 billion, a P/E ratio of 34.43, a P/E/G ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 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%. On average, 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 was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML's previous dividend of $1.08. ASML's payout ratio is currently 31.35%.

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.