Massachusetts Financial Services Co. MA Increases Position in ASML Holding N.V. $ASML

Massachusetts Financial Services Co. MA lifted its stake in ASML Holding N.V. (NASDAQ:ASML) by 67.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 9,268 shares of the semiconductor company’s stock after purchasing an additional 3,730 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in ASML were worth $20,195,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ASML. Arrowstreet Capital Limited Partnership boosted its position in ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after purchasing an additional 1,022,532 shares in the last quarter. Sei Investments Co. raised its holdings in ASML by 223.7% in the first quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after purchasing an additional 198,505 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of ASML by 14.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of ASML by 21.3% in the 3rd quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock valued at $822,492,000 after buying an additional 148,948 shares in the last quarter. Finally, Sands Capital Management LLC boosted its holdings in shares of ASML by 26.6% in the 4th quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock valued at $716,790,000 after buying an additional 140,821 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,844.45 on Friday. The company has a market capitalization of $725.39 billion, a PE ratio of 57.39, a price-to-earnings-growth ratio of 0.92 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The company’s fifty day moving average price is $1,781.65 and its 200 day moving average price is $1,567.15. ASML Holding N.V. has a 1 year low of $716.20 and a 1 year high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.64 billion during the quarter. On average, research analysts predict that ASML Holding N.V. will post 44.85 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a $2.1507 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. ASML’s dividend payout ratio (DPR) is 22.62%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ASML shares. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Wells Fargo & Company boosted their price target on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Finally, Morningstar downgraded shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.