T. Rowe Price Investment Management Inc. acquired a new position in ASML Holding N.V. (NASDAQ:ASML – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 543,684 shares of the semiconductor company’s stock, valued at approximately $360,262,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of ASML. Renaissance Technologies LLC purchased a new stake in shares of ASML in the 4th quarter worth $270,000. Norinchukin Bank The increased its stake in shares of ASML by 1.8% in the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock worth $594,000 after purchasing an additional 15 shares in the last quarter. Hsbc Holdings PLC increased its stake in ASML by 31.0% in the 4th quarter. Hsbc Holdings PLC now owns 83,968 shares of the semiconductor company’s stock worth $58,106,000 after buying an additional 19,851 shares in the last quarter. MGO One Seven LLC increased its stake in ASML by 104.2% in the 4th quarter. MGO One Seven LLC now owns 2,203 shares of the semiconductor company’s stock worth $1,527,000 after buying an additional 1,124 shares in the last quarter. Finally, Long Focus Capital Management LLC purchased a new stake in ASML in the 4th quarter worth $34,515,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Stock Up 0.8%
ASML opened at $749.49 on Thursday. The firm has a 50-day simple moving average of $755.91 and a two-hundred day simple moving average of $725.84. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $945.05. The company has a market capitalization of $294.86 billion, a PE ratio of 31.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.76. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.64. ASML’s payout ratio is 26.21%.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Monday, May 19th. Barclays reiterated an “equal weight” rating on shares of ASML in a research note on Tuesday, June 3rd. DZ Bank lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 16th. Jefferies Financial Group lowered ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Finally, New Street Research upgraded ASML from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $923.80.
Get Our Latest Research Report on ASML
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.
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