Winslow Capital Management LLC cut its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 99.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 941 shares of the semiconductor company's stock after selling 427,943 shares during the quarter. Winslow Capital Management LLC's holdings in ASML were worth $652,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of ASML. Edgewood Management LLC increased its holdings in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares in the last quarter. Van ECK Associates Corp increased its holdings in ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock worth $1,239,421,000 after buying an additional 31,231 shares in the last quarter. Clearbridge Investments LLC increased its holdings in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after buying an additional 33,603 shares in the last quarter. Wellington Management Group LLP lifted its stake in ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after acquiring an additional 281,156 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in ASML by 0.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 383,893 shares of the semiconductor company's stock valued at $266,068,000 after acquiring an additional 3,158 shares during the period. Institutional investors own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on ASML. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Wells Fargo & Company boosted their target price on shares of 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. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus target price of $937.00.
Read Our Latest Stock Report on ASML
ASML Price Performance
Shares of NASDAQ:ASML traded up $19.26 during trading on Friday, hitting $668.81. 2,162,582 shares of the company's stock were exchanged, compared to its average volume of 1,626,300. The business's 50-day simple moving average is $706.22 and its 200 day simple moving average is $718.04. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a market cap of $263.12 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.62 and a beta of 1.67.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities analysts predict that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders 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 (DPR) is presently 31.35%.
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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