Amundi Buys 328,552 Shares of ASML Holding (NASDAQ:ASML)

Amundi grew its stake in shares of ASML Holding (NASDAQ:ASML) by 4,880.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 335,284 shares of the semiconductor company’s stock after purchasing an additional 328,552 shares during the period. Amundi owned approximately 0.09% of ASML worth $247,019,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of ASML. Kennebec Savings Bank boosted its stake in ASML by 227.3% during the fourth 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. Halbert Hargrove Global Advisors LLC bought a new stake in ASML during the fourth quarter worth about $31,000. Albion Financial Group UT boosted its stake in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 32 shares in the last quarter. Roxbury Financial LLC bought a new stake in ASML during the fourth quarter worth about $39,000. Finally, Caitlin John LLC boosted its stake in ASML by 78.1% during the fourth quarter. Caitlin John LLC now owns 57 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 25 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 2.4 %

ASML opened at $732.22 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $733.25 and a 200-day moving average price of $745.76. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market capitalization of $288.07 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Equities research analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s payout ratio is presently 31.35%.

Analysts Set New Price Targets

ASML has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of 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. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

About ASML

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.