Mackenzie Financial Corp Cuts Holdings in ASML Holding N.V. $ASML

Mackenzie Financial Corp lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 45,956 shares of the semiconductor company’s stock after selling 999 shares during the quarter. Mackenzie Financial Corp’s holdings in ASML were worth $44,490,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Capital International Investors raised its holdings in ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the period. Regents of The University of California acquired a new stake in shares of ASML in the third quarter worth $413,335,000. WCM Investment Management LLC increased its position in shares of ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after acquiring an additional 385,502 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after acquiring an additional 305,435 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in ASML by 6.3% during the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after purchasing an additional 250,934 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on ASML. Grupo Santander lowered ASML to an “underperform” rating in a research report on Thursday, January 22nd. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, January 26th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

ASML Stock Performance

Shares of ASML stock opened at $1,351.58 on Friday. The stock has a market capitalization of $531.55 billion, a price-to-earnings ratio of 52.35, a PEG ratio of 1.34 and a beta of 1.88. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,547.22. The company’s 50-day simple moving average is $1,376.78 and its 200-day simple moving average is $1,121.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a dividend of $3.1771 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is 25.10%.

About ASML

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.