ASML Holding (NASDAQ:ASML) Stake Cut by Primecap Management Co. CA

Primecap Management Co. CA decreased its holdings in shares of ASML Holding (NASDAQ:ASML) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 579,179 shares of the semiconductor company’s stock after selling 15,100 shares during the period. Primecap Management Co. CA owned about 0.15% of ASML worth $438,392,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Toth Financial Advisory Corp grew its position in shares of ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after acquiring an additional 13 shares during the last quarter. Slow Capital Inc. grew its stake in shares of ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after purchasing an additional 13 shares in the last quarter. Alera Investment Advisors LLC raised its stake in shares of ASML by 2.9% during the fourth quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 14 shares in the last quarter. Marcum Wealth LLC lifted its holdings in ASML by 3.2% in the fourth quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock worth $362,000 after purchasing an additional 15 shares during the period. Finally, Allred Capital Management LLC increased its stake in ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after buying an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 2.4 %

ASML traded up $21.97 on Friday, reaching $956.22. 684,915 shares of the company traded hands, compared to its average volume of 1,154,918. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company has a market cap of $377.31 billion, a price-to-earnings ratio of 48.84, a PEG ratio of 2.29 and a beta of 1.49. The stock’s 50 day moving average price is $936.57 and its 200-day moving average price is $847.80.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. The business had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. On average, sell-side analysts expect that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio is presently 32.53%.

Analyst Ratings Changes

Several equities research analysts recently commented on ASML shares. HSBC started coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. 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 note on Friday, April 12th. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Raymond James upped their target price on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a report on Thursday, January 25th. Finally, Susquehanna upped their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

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.