844 ASML Holding N.V. $ASML Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp boosted its position in ASML Holding N.V. (NASDAQ:ASML) by 8.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,257 shares of the semiconductor company’s stock after buying an additional 844 shares during the quarter. Fifth Third Bancorp’s holdings in ASML were worth $20,394,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Van ECK Associates Corp boosted its stake in ASML by 31.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock valued at $4,892,869,000 after acquiring an additional 592,125 shares during the last quarter. Sei Investments Co. grew its holdings in ASML by 223.7% during the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after acquiring an additional 198,505 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in ASML during the 3rd quarter worth $311,859,000. Amundi increased its position in shares of ASML by 498.0% in the 2nd quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock worth $311,926,000 after purchasing an additional 130,573 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after purchasing an additional 96,860 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on ASML shares. Weiss Ratings lowered shares of ASML from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $2,100.00 price target on shares of ASML in a research note on Wednesday, October 7th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a report on Monday, September 14th. JPMorgan Chase & Co. cut their price objective on ASML from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Finally, Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a research note on Saturday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,204.71.

ASML Trading Down 0.1%

Shares of ASML stock opened at $1,495.16 on Friday. ASML Holding N.V. has a 1 year low of $946.11 and a 1 year high of $1,999.96. The firm has a market capitalization of $576.26 billion, a PE ratio of 36.81, a price-to-earnings-growth ratio of 0.62 and a beta of 1.80. The stock has a fifty day moving average of $1,660.49 and a two-hundred day moving average of $1,602.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The company had revenue of $13.27 billion for the quarter. As a group, research analysts expect that ASML Holding N.V. will post 46.51 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th were paid a dividend of $2.1077 per share. This is a drop from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is 17.55%.

ASML Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers. The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.