ASML Holding (NASDAQ:ASML) Shares Sold by Horizon Investments LLC

Horizon Investments LLC lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 35.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,083 shares of the semiconductor company’s stock after selling 599 shares during the period. Horizon Investments LLC’s holdings in ASML were worth $751,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASML. 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 worth $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC increased its position in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares during the period. Van ECK Associates Corp boosted its holdings in shares of ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after acquiring an additional 31,231 shares during the period. Windacre Partnership LLC grew its position in shares of ASML by 4.0% during the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after acquiring an additional 25,600 shares during the last quarter. Finally, Citigroup Inc. increased 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 worth $335,598,000 after acquiring an additional 50,115 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on ASML shares. Sanford C. Bernstein dropped their price target 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. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. lowered their price target on 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, Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Trading Up 0.5 %

Shares of ASML stock opened at $734.91 on Thursday. The business has a fifty day simple moving average of $731.54 and a 200-day simple moving average of $736.45. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm has a market cap of $289.13 billion, a price-to-earnings ratio of 35.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last issued 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 net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s payout ratio is 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.