650 Shares in ASML Holding (NASDAQ:ASML) Purchased by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 650 shares of the semiconductor company’s stock, valued at approximately $492,000.

A number of other large investors have also added to or reduced their stakes in ASML. FMR LLC boosted its position in ASML by 3.6% during the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after purchasing an additional 126,413 shares during the period. Sands Capital Management LLC boosted its position in ASML by 7.6% during the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock worth $880,186,000 after purchasing an additional 105,339 shares during the period. Clearbridge Investments LLC boosted its position in ASML by 2.0% during the third quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock worth $714,971,000 after purchasing an additional 23,783 shares during the period. Jennison Associates LLC boosted its position in ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after purchasing an additional 151,844 shares during the period. Finally, Van ECK Associates Corp boosted its position in ASML by 34.6% during the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after purchasing an additional 274,562 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on ASML shares. Sanford C. Bernstein cut their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Wells Fargo & Company raised their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. HSBC assumed coverage on shares of ASML in a research report on Thursday, February 22nd. They issued a “buy” rating for the company. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Finally, Raymond James raised their price objective on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Price Performance

Shares of ASML stock traded up $18.32 during trading hours on Friday, hitting $918.97. 865,078 shares of the company’s stock were exchanged, compared to its average volume of 1,204,430. The company has a market capitalization of $362.62 billion, a PE ratio of 46.93, a PEG ratio of 2.25 and a beta of 1.48. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The business’s 50 day simple moving average is $955.61 and its 200-day simple moving average is $804.52. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.48. The business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. On average, equities research analysts anticipate that ASML Holding will post 20.04 earnings per share for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 27.02%.

ASML 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.