Townsquare Capital LLC raised its position in ASML Holding (NASDAQ:ASML - Free Report) by 57.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,244 shares of the semiconductor company's stock after purchasing an additional 7,003 shares during the quarter. Townsquare Capital LLC's holdings in ASML were worth $13,338,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in the business. Edgewood Management LLC increased its position in ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the period. Amundi increased its holdings in shares of ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after purchasing an additional 328,552 shares during the period. Wellington Management Group LLP raised its stake in shares of ASML by 53.4% during the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after purchasing an additional 281,156 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in ASML in the fourth quarter worth about $175,257,000. Finally, Fisher Funds Management LTD bought a new position in ASML in the 4th quarter valued at about $137,386,000. Institutional investors own 26.07% of the company's stock.
ASML Trading Up 1.5 %
ASML stock traded up $10.29 during mid-day trading on Tuesday, reaching $683.16. 2,095,934 shares of the stock traded hands, compared to its average volume of 1,630,186. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The stock's fifty day moving average is $704.82 and its 200-day moving average is $716.86. The company has a market cap of $268.77 billion, a P/E ratio of 32.84, a P/E/G ratio of 1.62 and a beta of 1.67. 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 (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%. As a group, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is presently 31.35%.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on ASML shares. JPMorgan Chase & Co. reduced their price target on shares of 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 upped their target price on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.
Read Our Latest Report on ASML
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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