&Partners Buys New Position in ASML Holding (NASDAQ:ASML) – MarketBeat
&Partners purchased a new position in shares of ASML Holding (NASDAQ:ASML – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,199 shares of the semiconductor company’s stock, valued at approximately $1,164,000.
Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC raised its position in shares of ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after buying an additional 245,488 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of ASML by 35.6% in the 4th quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock worth $587,951,000 after acquiring an additional 203,860 shares during the period. Kodai Capital Management LP acquired a new stake in shares of ASML during the 4th quarter worth approximately $150,318,000. Jennison Associates LLC increased its position in shares of ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after purchasing an additional 151,844 shares during the period. Finally, Sands Capital Management LLC lifted its position in ASML by 8.1% in the fourth quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock worth $1,224,002,000 after purchasing an additional 121,847 shares during the period. 26.07% of the stock is owned by institutional investors.
ASML Trading Down 1.3 %
Shares of ASML stock traded down $14.14 during trading hours on Friday, reaching $1,036.60. The company had a trading volume of 1,626,737 shares, compared to its average volume of 952,566. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The firm has a market cap of $409.03 billion, a price-to-earnings ratio of 52.94, a P/E/G ratio of 2.22 and a beta of 1.49. The company has a 50 day moving average of $954.31 and a 200 day moving average of $896.83.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. The company had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. On average, equities research analysts anticipate that ASML Holding will post 20.12 EPS for the current year.
ASML Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio is currently 32.48%.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the stock. Sanford C. Bernstein dropped their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Wells Fargo & Company lifted their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Finally, Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,043.00.
Read Our Latest Report on ASML
About ASML
(Free Report)
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.
Read More
- Five stocks we like better than ASML
- How to Effectively Use the MarketBeat Ratings Screener
- Micron Technology Stock Volatility Despite Analyst Upgrades
- How to Evaluate a Stock Before Buying
- McDonald’s Stock: Balancing Value and Innovation
- How to Calculate Options Profits
- MarketBeat Week in Review – 6/17 – 6/21
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASML – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider ASML, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and ASML wasn’t on the list.
While ASML currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools.
Featured By
345 N Reid Place, Suite 620, Sioux Falls, SD 57103
[email protected]
(844) 978-6257
© MarketBeat Media, LLC® 2010-2024. All rights reserved.
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
My Account –
