ASML Holding (NASDAQ:ASML) Shares Bought by Fernbridge Capital Management LP

Fernbridge Capital Management LP increased its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 15.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,501 shares of the semiconductor company's stock after acquiring an additional 5,222 shares during the quarter. ASML makes up about 1.4% of Fernbridge Capital Management LP's holdings, making the stock its 19th biggest position. Fernbridge Capital Management LP's holdings in ASML were worth $26,684,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Carnegie Investment Counsel grew its position in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock valued at $1,475,000 after buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of ASML during the 4th quarter worth $1,174,000. Foundations Investment Advisors LLC boosted its position in shares of ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock worth $18,243,000 after purchasing an additional 7,073 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of ASML by 12.2% during the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after purchasing an additional 1,062 shares in the last quarter. Finally, Alpha Cubed Investments LLC boosted its position in shares of ASML by 33.9% during the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock worth $56,530,000 after purchasing an additional 20,651 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML stock traded down $0.22 on Thursday, hitting $667.86. The company's stock had a trading volume of 478,542 shares, compared to its average volume of 1,635,759. The firm has a fifty day moving average price of $683.02 and a 200-day moving average price of $703.96. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a market capitalization of $262.75 billion, a P/E ratio of 32.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, equities research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be paid a $1.6414 dividend. This represents a $6.57 annualized dividend and a yield of 0.98%. The ex-dividend date is Monday, April 28th. ASML's payout ratio is 27.48%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company decreased their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Susquehanna decreased their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $906.00.

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.