National Bank of Canada FI Purchases 37,203 Shares of ASML Holding (NASDAQ:ASML)

National Bank of Canada FI boosted its position in ASML Holding (NASDAQ:ASML) by 95.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,263 shares of the semiconductor company’s stock after buying an additional 37,203 shares during the period. National Bank of Canada FI’s holdings in ASML were worth $54,618,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ASML. Townsquare Capital LLC lifted its stake in ASML by 11.5% in the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after buying an additional 881 shares during the period. Savoie Capital LLC bought a new stake in ASML in the third quarter valued at $14,658,000. International Assets Investment Management LLC raised its holdings in shares of ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after purchasing an additional 245,488 shares during the period. CenterBook Partners LP boosted its position in shares of ASML by 69.2% during the 3rd quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock worth $6,787,000 after purchasing an additional 4,716 shares in the last quarter. Finally, Meitav Investment House Ltd. grew its stake in shares of ASML by 219.0% in the 4th quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock valued at $2,195,000 after buying an additional 2,168 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock traded up $31.35 on Friday, reaching $901.63. 1,038,174 shares of the company traded hands, compared to its average volume of 1,239,902. The company has a 50 day moving average of $951.12 and a 200 day moving average of $817.16. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,056.34. The firm has a market capitalization of $355.77 billion, a PE ratio of 46.05, a PEG ratio of 2.25 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be given a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.60%. ASML’s dividend payout ratio is presently 32.53%.

Analysts Set New Price Targets

Several research analysts have issued reports on ASML shares. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Susquehanna upped their price target on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Wells Fargo & Company raised their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Cantor Fitzgerald initiated coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating for the company. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

About ASML

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.