Ninety One UK Ltd Grows Stock Position in ASML Holding (NASDAQ:ASML)

Ninety One UK Ltd raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 119.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,587 shares of the semiconductor company’s stock after acquiring an additional 35,161 shares during the quarter. Ninety One UK Ltd’s holdings in ASML were worth $44,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Mather Group LLC. raised its position in shares of ASML by 13.8% during the 4th quarter. Mather Group LLC. now owns 412 shares of the semiconductor company’s stock worth $286,000 after purchasing an additional 50 shares during the last quarter. Commonwealth Financial Services LLC acquired a new position in shares of ASML in the fourth quarter worth $220,000. Tandem Capital Management Corp ADV lifted its position in shares of ASML by 123.5% in the fourth quarter. Tandem Capital Management Corp ADV now owns 905 shares of the semiconductor company’s stock valued at $627,000 after acquiring an additional 500 shares in the last quarter. RBA Wealth Management LLC boosted its stake in shares of ASML by 3.3% during the fourth quarter. RBA Wealth Management LLC now owns 7,184 shares of the semiconductor company’s stock valued at $4,979,000 after acquiring an additional 231 shares during the last quarter. Finally, Trust Point Inc. increased its position in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Sanford C. Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. JPMorgan Chase & Co. cut their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Price Performance

Shares of ASML stock opened at $731.41 on Wednesday. The stock has a market capitalization of $287.75 billion, a P/E ratio of 35.16, a PEG ratio of 1.62 and a beta of 1.47. 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 business’s fifty day moving average price is $720.30 and its 200 day moving average price is $771.01. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, research analysts anticipate that ASML Holding will post 25.31 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be paid a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 26.83%.

ASML 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.