ASML Holding (NASDAQ:ASML) Shares Acquired by Cibc World Market Inc.

Cibc World Market Inc. lifted its position in ASML Holding (NASDAQ:ASML) by 101.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,663 shares of the semiconductor company’s stock after purchasing an additional 16,943 shares during the quarter. Cibc World Market Inc.’s holdings in ASML were worth $23,331,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $25,000. Milestone Investment Advisors LLC acquired a new stake in ASML during the 3rd quarter worth $28,000. Fortitude Family Office LLC grew its position in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the last quarter. Albion Financial Group UT increased its stake in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the period. Finally, Sugar Maple Asset Management LLC purchased a new stake in shares of ASML in the fourth quarter valued at about $42,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $739.31 on Friday. The business has a 50 day moving average price of $718.04 and a 200 day moving average price of $777.78. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The company has a market capitalization of $290.86 billion, a P/E ratio of 35.54, a PEG ratio of 2.25 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 50.53% and a net margin of 26.78%. Sell-side analysts expect that ASML Holding will post 25.07 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be given a $1.6414 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a positive change from ASML’s previous quarterly dividend of $1.41. This represents a $6.57 annualized dividend and a dividend yield of 0.89%. ASML’s dividend payout ratio is currently 26.83%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ASML. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Finally, Susquehanna reduced their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

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.