First Trust Advisors LP increased its position in shares of ASML Holding NV (NASDAQ:ASML) by 784.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 434,277 shares of the semiconductor company’s stock after acquiring an additional 385,191 shares during the quarter. First Trust Advisors LP owned about 0.10% of ASML worth $75,486,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Cavalier Investments LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $360,000. Sei Investments Co. increased its holdings in ASML by 11.8% during the third quarter. Sei Investments Co. now owns 737,887 shares of the semiconductor company’s stock worth $126,326,000 after buying an additional 77,648 shares during the last quarter. Zions Bancorporation increased its holdings in ASML by 5,802.2% during the third quarter. Zions Bancorporation now owns 2,715 shares of the semiconductor company’s stock worth $465,000 after buying an additional 2,669 shares during the last quarter. Parametric Portfolio Associates LLC increased its holdings in ASML by 5.3% during the third quarter. Parametric Portfolio Associates LLC now owns 515,306 shares of the semiconductor company’s stock worth $88,220,000 after buying an additional 25,949 shares during the last quarter. Finally, Fisher Asset Management LLC increased its holdings in ASML by 2.8% during the fourth quarter. Fisher Asset Management LLC now owns 2,075,281 shares of the semiconductor company’s stock worth $360,725,000 after buying an additional 57,055 shares during the last quarter. Hedge funds and other institutional investors own 16.69% of the company’s stock.
ASML Holding NV (NASDAQ ASML) traded down $1.11 on Thursday, reaching $194.41. 703,300 shares of the company traded hands, compared to its average volume of 1,120,630. ASML Holding NV has a 1-year low of $119.83 and a 1-year high of $208.58. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.70 and a quick ratio of 1.81. The company has a market capitalization of $83,563.88, a PE ratio of 35.42, a price-to-earnings-growth ratio of 1.43 and a beta of 1.15.
ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 17th. The semiconductor company reported $1.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.52. The business had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.15 billion. ASML had a net margin of 24.28% and a return on equity of 21.16%. ASML’s revenue was up 34.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.23 earnings per share. sell-side analysts anticipate that ASML Holding NV will post 7.31 EPS for the current fiscal year.
The firm also recently announced an annual dividend, which will be paid on Wednesday, May 9th. Shareholders of record on Monday, April 30th will be paid a dividend of $1.7181 per share. This is an increase from ASML’s previous annual dividend of $0.71. The ex-dividend date of this dividend is Friday, April 27th. This represents a yield of 0.84%. ASML’s payout ratio is presently 20.22%.
ASML declared that its Board of Directors has approved a stock buyback program on Wednesday, January 17th that allows the company to buyback shares. This buyback authorization allows the semiconductor company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.
A number of research firms have commented on ASML. Zacks Investment Research raised shares of ASML from a “hold” rating to a “buy” rating and set a $228.00 price objective for the company in a research report on Friday, January 19th. BidaskClub raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Friday, January 19th. Royal Bank of Canada lifted their price objective on shares of ASML to $210.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 18th. They noted that the move was a valuation call. B. Riley lifted their price objective on shares of ASML from $166.00 to $200.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 17th. Finally, Credit Suisse Group raised shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, January 15th. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $196.29.
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ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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