Bank Julius Baer & Co. Ltd Zurich cut its position in ASML Holding (NASDAQ:ASML) by 83.9% during the 4th quarter, HoldingsChannel reports. The firm owned 125 shares of the semiconductor company’s stock after selling 649 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in ASML were worth $61,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its holdings in ASML by 1.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,890,166 shares of the semiconductor company’s stock worth $5,304,856,000 after purchasing an additional 117,399 shares during the period. FMR LLC raised its holdings in shares of ASML by 1.3% during the fourth quarter. FMR LLC now owns 4,598,274 shares of the semiconductor company’s stock worth $2,242,670,000 after acquiring an additional 58,379 shares during the period. WCM Investment Management LLC raised its holdings in shares of ASML by 1.2% during the fourth quarter. WCM Investment Management LLC now owns 4,398,827 shares of the semiconductor company’s stock worth $2,145,396,000 after acquiring an additional 52,400 shares during the period. Fisher Asset Management LLC raised its holdings in shares of ASML by 5.6% during the fourth quarter. Fisher Asset Management LLC now owns 3,855,198 shares of the semiconductor company’s stock worth $1,880,258,000 after acquiring an additional 206,103 shares during the period. Finally, Clearbridge Investments LLC raised its holdings in shares of ASML by 216.8% during the fourth quarter. Clearbridge Investments LLC now owns 1,440,492 shares of the semiconductor company’s stock worth $702,557,000 after acquiring an additional 985,753 shares during the period. Institutional investors own 17.88% of the company’s stock.
A number of brokerages recently commented on ASML. New Street Research upgraded shares of ASML from a “neutral” rating to a “buy” rating in a report on Thursday, January 21st. Cowen upgraded shares of ASML from a “market perform” rating to an “outperform” rating in a report on Monday, March 29th. Berenberg Bank restated a “buy” rating on shares of ASML in a report on Friday, January 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ASML in a report on Thursday, January 21st. Finally, UBS Group reaffirmed a “neutral” rating on shares of ASML in a research report on Thursday, January 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the stock. ASML currently has an average rating of “Buy” and an average price target of $507.40.
ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, January 19th. The semiconductor company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.18. ASML had a net margin of 24.30% and a return on equity of 25.91%. The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter last year, the firm posted $2.70 EPS. The company’s quarterly revenue was down 1.9% on a year-over-year basis. Analysts expect that ASML Holding will post 9.34 earnings per share for the current year.
The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, May 12th. Stockholders of record on Tuesday, May 4th will be given a $1.8864 dividend. This represents a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, May 3rd. This is an increase from ASML’s previous semi-annual dividend of $1.41. ASML’s dividend payout ratio (DPR) is 34.40%.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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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