Mackenzie Financial Corp Purchases 13,592 Shares of ASML Holding (NASDAQ:ASML)

Mackenzie Financial Corp raised its position in ASML Holding (NASDAQ:ASML) by 18.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,569 shares of the semiconductor company’s stock after buying an additional 13,592 shares during the quarter. Mackenzie Financial Corp’s holdings in ASML were worth $67,040,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in ASML. Moneta Group Investment Advisors LLC bought a new stake in shares of ASML during the 4th quarter valued at $307,620,000. 1832 Asset Management L.P. increased its stake in ASML by 31,845.9% in the 4th quarter. 1832 Asset Management L.P. now owns 340,543 shares of the semiconductor company’s stock worth $186,073,000 after acquiring an additional 339,477 shares during the last quarter. Van ECK Associates Corp increased its stake in ASML by 34.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after acquiring an additional 274,562 shares during the last quarter. International Assets Investment Management LLC increased its stake in ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after acquiring an additional 245,488 shares during the last quarter. Finally, Alliancebernstein L.P. increased its stake in ASML by 27.5% in the 4th quarter. Alliancebernstein L.P. now owns 981,659 shares of the semiconductor company’s stock worth $536,378,000 after acquiring an additional 211,792 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 2.3 %

ASML opened at $976.92 on Wednesday. The business has a 50 day simple moving average of $960.95 and a two-hundred day simple moving average of $790.29. The firm has a market capitalization of $385.48 billion, a price-to-earnings ratio of 45.42, a PEG ratio of 2.32 and a beta of 1.49. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The firm had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. Analysts predict that ASML Holding will post 20.46 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 24.59%.

Analyst Ratings Changes

A number of equities analysts have weighed in on ASML shares. Sanford C. Bernstein decreased their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. HSBC started coverage on ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Evercore ISI started coverage on ASML in a report on Tuesday. They issued an “outperform” rating for the company. Finally, Wells Fargo & Company upped their price objective on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Five 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 company’s stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Company 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.