Liberty Capital Management Inc. raised its position in ASML Holding (NASDAQ:ASML – Free Report) by 9.9% in the 4th quarter, HoldingsChannel reports. The fund owned 3,110 shares of the semiconductor company’s stock after purchasing an additional 280 shares during the period. Liberty Capital Management Inc.’s holdings in ASML were worth $2,155,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in ASML. Fisher Asset Management LLC increased its position in shares of ASML by 1.0% during the third 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 period. Edgewood Management LLC boosted its stake in ASML by 3.3% during 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 in the last quarter. Van ECK Associates Corp increased its holdings in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares during the period. Windacre Partnership LLC raised its stake 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 buying an additional 25,600 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after acquiring an additional 491,096 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on ASML shares. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Wells Fargo & Company boosted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas initiated 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. Finally, Sanford C. Bernstein reduced 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. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $937.00.
ASML Stock Performance
Shares of NASDAQ:ASML opened at $727.70 on Monday. The business has a fifty day moving average of $725.13 and a 200-day moving average of $766.81. 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 Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm has a market cap of $286.29 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47.
ASML (NASDAQ:ASML – Get Free Report) last posted 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%. On average, equities research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio 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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