Y.D. More Investments Ltd Lowers Stock Holdings in ASML Holding (NASDAQ:ASML)

Y.D. More Investments Ltd cut its holdings in shares of ASML Holding (NASDAQ:ASML) by 57.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,206 shares of the semiconductor company’s stock after selling 4,394 shares during the quarter. Y.D. More Investments Ltd’s holdings in ASML were worth $2,222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. Fisher Asset Management LLC boosted its position in shares of ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after acquiring an additional 31,879 shares during the last quarter. Edgewood Management LLC boosted its holdings in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after purchasing an additional 70,776 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares during the period. Windacre Partnership LLC increased its holdings in shares of ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after buying an additional 25,600 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on ASML shares. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Finally, BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Performance

ASML stock opened at $731.41 on Wednesday. The company 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 quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a 50-day simple moving average of $720.30 and a 200 day simple moving average of $771.01. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Sell-side analysts predict that ASML Holding will post 25.31 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed 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 is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio 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.