Bank Hapoalim BM reduced its stake in shares of ASML Holding (NASDAQ:ASML – Free Report) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,152 shares of the semiconductor company’s stock after selling 114 shares during the period. Bank Hapoalim BM’s holdings in ASML were worth $1,492,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Ninety One UK Ltd lifted its position in shares of ASML by 119.5% during the fourth quarter. Ninety One UK Ltd now owns 64,587 shares of the semiconductor company’s stock worth $44,764,000 after purchasing an additional 35,161 shares during the last quarter. Mather Group LLC. raised its stake in ASML by 13.8% during the fourth quarter. Mather Group LLC. now owns 412 shares of the semiconductor company’s stock valued at $286,000 after buying an additional 50 shares in the last quarter. Commonwealth Financial Services LLC bought a new position in ASML during the 4th quarter worth approximately $220,000. Tandem Capital Management Corp ADV grew its position in shares of ASML by 123.5% in the 4th quarter. Tandem Capital Management Corp ADV now owns 905 shares of the semiconductor company’s stock worth $627,000 after acquiring an additional 500 shares in the last quarter. Finally, RBA Wealth Management LLC increased its holdings in shares of ASML by 3.3% in the 4th quarter. RBA Wealth Management LLC now owns 7,184 shares of the semiconductor company’s stock valued at $4,979,000 after acquiring an additional 231 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on ASML. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. cut their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.
ASML Stock Up 0.0 %
Shares of ASML stock opened at $731.41 on Wednesday. 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 1-year low of $645.45 and a 1-year high of $1,110.09. The business’s fifty day moving average price is $720.30 and its two-hundred day moving average price is $771.01. The company has a market capitalization of $287.75 billion, a P/E ratio of 35.16, a PEG ratio of 1.62 and a beta of 1.47.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates 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, research analysts forecast that ASML Holding will post 25.31 EPS for the current year.
ASML Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. The ex-dividend date is Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 26.83%.
ASML 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.
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