Greenwoods Asset Management Hong Kong Ltd. Makes New $14.06 Million Investment in ASML Holding N.V. $ASML

Greenwoods Asset Management Hong Kong Ltd. bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,070 shares of the semiconductor company’s stock, valued at approximately $14,065,000. ASML comprises about 0.6% of Greenwoods Asset Management Hong Kong Ltd.’s portfolio, making the stock its 13th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership lifted its holdings in shares of ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after purchasing an additional 1,022,532 shares during the period. Sei Investments Co. grew its stake in shares of ASML by 223.7% in the first quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after purchasing an additional 198,505 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in ASML by 14.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after purchasing an additional 193,068 shares during the period. Invesco Ltd. increased its holdings in ASML by 21.3% in the third quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock valued at $822,492,000 after purchasing an additional 148,948 shares during the period. Finally, Sands Capital Management LLC raised its position in ASML by 26.6% during the 4th quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock worth $716,790,000 after purchasing an additional 140,821 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $1,802.98 on Wednesday. The firm has a 50 day moving average of $1,784.83 and a 200-day moving average of $1,573.92. ASML Holding N.V. has a 52 week low of $716.20 and a 52 week high of $1,999.96. The company has a market cap of $709.08 billion, a price-to-earnings ratio of 56.10, a price-to-earnings-growth ratio of 0.92 and a beta of 1.79. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. The company had revenue of $10.64 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, equities analysts forecast that ASML Holding N.V. will post 44.85 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Analysts Set New Price Targets

ASML has been the topic of several recent research reports. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Susquehanna restated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Argus set a $2,100.00 price objective on ASML in a research note on Thursday, July 16th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research note on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,970.33.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.