ASML Holding N.V. $ASML Position Reduced by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,040 shares of the semiconductor company’s stock after selling 496 shares during the period. TD Waterhouse Canada Inc.’s holdings in ASML were worth $75,638,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC lifted its position in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after purchasing an additional 132,353 shares during the last quarter. Van ECK Associates Corp grew its stake in ASML by 31.7% in the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after purchasing an additional 592,125 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in ASML by 6.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after buying an additional 96,860 shares during the last quarter. Bank of America Corp DE increased its holdings in ASML by 1.2% in the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock valued at $2,060,833,000 after buying an additional 19,051 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in ASML by 14.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $1,646.19 on Friday. ASML Holding N.V. has a 12 month low of $735.43 and a 12 month high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The stock has a fifty day moving average price of $1,752.60 and a 200 day moving average price of $1,600.03. The company has a market cap of $647.41 billion, a P/E ratio of 51.22, a PEG ratio of 0.83 and a beta of 1.79.

ASML (NASDAQ:ASML) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.62 billion for the quarter. On average, research analysts forecast that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a $2.1507 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Analysts Set New Price Targets

ASML has been the topic of a number of research analyst reports. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, May 8th. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Bank of America raised their price objective on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a report on Friday, July 10th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.