OLD Mission Capital LLC Sells 21,811 Shares of ASML Holding (NASDAQ:ASML)

OLD Mission Capital LLC cut its position in ASML Holding (NASDAQ:ASML) by 70.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,050 shares of the semiconductor company’s stock after selling 21,811 shares during the quarter. OLD Mission Capital LLC’s holdings in ASML were worth $6,272,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Amundi boosted its stake in shares of ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock worth $247,019,000 after acquiring an additional 328,552 shares during the period. Wellington Management Group LLP boosted its position in ASML by 53.4% during the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock worth $559,494,000 after purchasing an additional 281,156 shares during the period. Raymond James Financial Inc. acquired a new position in shares of ASML in the fourth quarter valued at $175,257,000. Fisher Funds Management LTD bought a new position in shares of ASML in the fourth quarter valued at about $137,386,000. Finally, SG Americas Securities LLC lifted its stake in shares of ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after buying an additional 115,603 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Down 1.8 %

Shares of NASDAQ ASML opened at $662.63 on Tuesday. The stock has a market capitalization of $260.69 billion, a P/E ratio of 31.86, a PEG ratio of 1.62 and a beta of 1.54. The stock’s fifty day moving average is $725.59 and its 200 day moving average is $730.56. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. Sell-side analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio (DPR) is presently 31.35%.

Wall Street Analysts Forecast Growth

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

ASML Company 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.