CI Investments Inc. Acquires 4,202 Shares of ASML Holding N.V. $ASML

CI Investments Inc. boosted its stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 19.7% in the first quarter, HoldingsChannel.com reports. The firm owned 25,504 shares of the semiconductor company’s stock after buying an additional 4,202 shares during the period. CI Investments Inc.’s holdings in ASML were worth $33,686,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Arrowstreet Capital Limited Partnership grew its position in shares of ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after buying an additional 1,022,532 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of ASML by 14.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock worth $1,633,046,000 after acquiring an additional 193,068 shares during the period. Invesco Ltd. lifted its stake in shares of ASML by 21.3% in the third quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock worth $822,492,000 after acquiring an additional 148,948 shares during the period. Sands Capital Management LLC boosted its holdings in ASML by 26.6% in the fourth quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock valued at $716,790,000 after acquiring an additional 140,821 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in ASML by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after purchasing an additional 132,353 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,801.86 on Thursday. The company has a market cap of $708.64 billion, a price-to-earnings ratio of 56.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.78. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,999.96. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average of $1,745.47 and a 200-day moving average of $1,518.48.

ASML (NASDAQ:ASMLGet Free Report) last released its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The company had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, equities analysts forecast that ASML Holding N.V. will post 42.68 earnings per share for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be issued a dividend of $2.1507 per share. The ex-dividend date is Tuesday, July 28th. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. ASML’s dividend payout ratio is currently 33.51%.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Citigroup restated a “buy” rating on shares of ASML in a research report on Friday, July 17th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Royal Bank Of Canada boosted their target price on shares of ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a report on Tuesday, July 14th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,970.33.

Read Our Latest Analysis on ASML

ASML Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASMLFree Report).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.