Guardian Capital LP lifted its position in ASML Holding (NASDAQ:ASML – Free Report) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,605 shares of the semiconductor company’s stock after purchasing an additional 2,680 shares during the quarter. Guardian Capital LP’s holdings in ASML were worth $24,677,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Edgewood Management LLC boosted its position in ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock valued at $2,208,615,000 after buying an additional 959,696 shares in the last quarter. Van ECK Associates Corp lifted its holdings in ASML by 1.8% during the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock worth $1,239,421,000 after buying an additional 31,231 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock worth $868,324,000 after buying an additional 33,603 shares in the last quarter. Neuberger Berman Group LLC lifted its holdings in ASML by 1.4% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock worth $667,155,000 after buying an additional 13,115 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in ASML by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company’s stock worth $622,769,000 after buying an additional 46,028 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Down 1.0 %
ASML opened at $666.11 on Wednesday. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The stock’s fifty day simple moving average is $684.40 and its 200 day simple moving average is $704.21. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market cap of $262.06 billion, a PE ratio of 32.02, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.
ASML Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be given a dividend of $1.6414 per share. The ex-dividend date of this dividend is Monday, April 28th. This represents a $6.57 annualized dividend and a dividend yield of 0.99%. ASML’s dividend payout ratio is currently 27.48%.
Analysts Set New Price Targets
ASML has been the topic of a number of analyst reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $906.00.
View Our Latest Analysis on ASML
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.
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