TCW Group Inc. Has $126.69 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

TCW Group Inc. grew its position in ASML Holding (NASDAQ:ASML) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 182,786 shares of the semiconductor company’s stock after purchasing an additional 7,637 shares during the period. ASML comprises about 1.1% of TCW Group Inc.’s portfolio, making the stock its 25th largest position. TCW Group Inc.’s holdings in ASML were worth $126,685,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Steigerwald Gordon & Koch Inc. raised its holdings in ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC raised its holdings in ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares during the period. Trust Point Inc. raised its holdings in ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares during the period. Sunpointe LLC raised its holdings in ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 14 shares during the period. Finally, Fortitude Family Office LLC raised its holdings in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

ASML Stock Down 0.8 %

Shares of ASML stock opened at $737.01 on Friday. The firm’s fifty day moving average price is $732.62 and its two-hundred day moving average price is $758.80. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm has a market capitalization of $289.95 billion, a P/E ratio of 35.43, a PEG ratio of 1.64 and a beta of 1.47. 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) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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 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 was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 25.67%.

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.