Guggenheim Capital LLC grew its holdings in ASML Holding NV (NASDAQ:ASML) by 57.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,794 shares of the semiconductor company’s stock after purchasing an additional 20,095 shares during the quarter. Guggenheim Capital LLC’s holdings in ASML were worth $9,524,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Financial Gravity Companies Inc. acquired a new position in ASML in the fourth quarter worth $100,000. First Manhattan Co. acquired a new position in ASML in the fourth quarter worth $201,000. Northeast Investment Management acquired a new position in ASML in the third quarter worth $209,000. Mission Wealth Management LP acquired a new position in ASML in the fourth quarter worth $222,000. Finally, Calton & Associates Inc. acquired a new position in ASML in the fourth quarter worth $224,000. 16.90% of the stock is currently owned by institutional investors.
A number of equities analysts have commented on the company. Zacks Investment Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Santander lowered ASML from a “buy” rating to a “hold” rating in a research note on Monday, March 19th. BidaskClub raised ASML from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 9th. Royal Bank of Canada boosted their price objective on ASML to $210.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 18th. They noted that the move was a valuation call. Finally, B. Riley boosted their price objective on ASML from $166.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. ASML presently has a consensus rating of “Buy” and an average price target of $196.29.
ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 17th. The semiconductor company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.52. ASML had a return on equity of 21.16% and a net margin of 24.28%. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same quarter in the prior year, the firm posted $1.23 earnings per share. The firm’s revenue for the quarter was up 34.3% compared to the same quarter last year. analysts forecast that ASML Holding NV will post 7.31 EPS for the current fiscal year.
The company also recently declared an annual dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 30th will be paid a dividend of $1.7181 per share. This represents a dividend yield of 0.84%. The ex-dividend date is Friday, April 27th. This is a positive change from ASML’s previous annual dividend of $0.71. ASML’s dividend payout ratio is 20.22%.
ASML declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, January 17th that permits the company to buyback outstanding shares. This buyback authorization permits the semiconductor company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.
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ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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