ASML Holding (NASDAQ:ASML) Stock Position Lowered by Cozad Asset Management Inc.

Cozad Asset Management Inc. lessened its position in ASML Holding (NASDAQ:ASMLFree Report) by 40.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,948 shares of the semiconductor company’s stock after selling 4,776 shares during the quarter. Cozad Asset Management Inc.’s holdings in ASML were worth $4,816,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ASML. Principal Financial Group Inc. increased its stake in ASML by 104.4% in the 3rd quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after buying an additional 3,580 shares during the period. Harbour Investments Inc. increased its stake in ASML by 4.3% in the 3rd quarter. Harbour Investments Inc. now owns 415 shares of the semiconductor company’s stock valued at $346,000 after buying an additional 17 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its stake in ASML by 25.9% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,906 shares of the semiconductor company’s stock valued at $10,754,000 after buying an additional 2,652 shares during the period. Victory Capital Management Inc. increased its stake in ASML by 2.8% in the 3rd quarter. Victory Capital Management Inc. now owns 42,497 shares of the semiconductor company’s stock valued at $35,411,000 after buying an additional 1,166 shares during the period. Finally, Curi RMB Capital LLC increased its stake in ASML by 6.9% in the 3rd quarter. Curi RMB Capital LLC now owns 326 shares of the semiconductor company’s stock valued at $272,000 after buying an additional 21 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $714.00 on Monday. 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 company has a fifty day simple moving average of $733.01 and a 200 day simple moving average of $738.78. The company has a market cap of $280.90 billion, a P/E ratio of 34.33, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASMLGet Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, sell-side analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 31.35%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Wells Fargo & Company increased their price target 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. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock 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. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

Read Our Latest Analysis on ASML

ASML Profile

(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.

See Also

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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