Fidelis Capital Partners LLC Grows Holdings in ASML Holding (NASDAQ:ASML)

Fidelis Capital Partners LLC increased its position in ASML Holding (NASDAQ:ASML) by 76.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,199 shares of the semiconductor company’s stock after acquiring an additional 518 shares during the quarter. Fidelis Capital Partners LLC’s holdings in ASML were worth $908,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. FMR LLC grew its holdings in ASML by 3.6% during the 3rd quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after buying an additional 126,413 shares in the last quarter. Sands Capital Management LLC grew its holdings in ASML by 7.6% during the 3rd quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock valued at $880,186,000 after buying an additional 105,339 shares in the last quarter. Clearbridge Investments LLC grew its holdings in ASML by 2.0% during the 3rd quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock valued at $714,971,000 after buying an additional 23,783 shares in the last quarter. Van ECK Associates Corp grew its holdings in ASML by 34.6% during the 3rd quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after buying an additional 274,562 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in ASML by 27.5% during the 4th quarter. Alliancebernstein L.P. now owns 981,659 shares of the semiconductor company’s stock valued at $536,378,000 after buying an additional 211,792 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. HSBC assumed coverage on ASML in a research report on Thursday, February 22nd. They set a “buy” rating for the company. Cantor Fitzgerald assumed coverage on ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating for the company. Raymond James increased their target price on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Five research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Trading Down 0.5 %

ASML traded down $4.48 during trading on Friday, reaching $884.55. The company had a trading volume of 413,102 shares, compared to its average volume of 1,225,479. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,056.34. The stock has a market cap of $349.03 billion, a P/E ratio of 45.41, a PEG ratio of 2.20 and a beta of 1.48. The business has a 50 day simple moving average of $959.98 and a 200-day simple moving average of $791.79. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 59.10% and a net margin of 27.23%. The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. On average, equities analysts anticipate that ASML Holding will post 20.4 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a dividend of $1.343 per share. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.61%. ASML’s dividend payout ratio (DPR) is 27.02%.

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.