Duncker Streett & Co. Inc. increased its position in ASML Holding (NASDAQ:ASML – Free Report) by 53.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 201 shares of the semiconductor company’s stock after purchasing an additional 70 shares during the period. Duncker Streett & Co. Inc.’s holdings in ASML were worth $139,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC lifted its holdings in shares of ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC lifted its holdings in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after purchasing an additional 70,776 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after purchasing an additional 31,231 shares during the last quarter. Windacre Partnership LLC lifted its holdings in shares of ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of ASML by 14.2% in the 3rd quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock valued at $335,598,000 after purchasing an additional 50,115 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have commented on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. 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 note on Thursday, January 30th. Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Two research 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, the company has a consensus rating of “Moderate Buy” and an average price target of $937.00.
ASML Stock Performance
Shares of ASML stock opened at $708.71 on Monday. The company has a market cap of $278.82 billion, a price-to-earnings ratio of 34.07, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The stock has a 50 day simple moving average of $733.15 and a 200-day simple moving average of $753.19. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. 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 released its quarterly earnings results 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 return on equity of 47.73% and a net margin of 26.78%. On average, equities analysts forecast that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 31.35%.
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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