ASML Holding N.V. (NASDAQ:ASML) Shares Bought by Jennison Associates LLC

Jennison Associates LLC boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 143.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,516 shares of the semiconductor company's stock after buying an additional 5,612 shares during the period. Jennison Associates LLC's holdings in ASML were worth $6,305,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in ASML by 42.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 4,437 shares of the semiconductor company's stock valued at $3,049,000 after purchasing an additional 1,329 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of ASML by 1.3% in the 4th quarter. Advisors Asset Management Inc. now owns 3,095 shares of the semiconductor company's stock valued at $2,145,000 after buying an additional 41 shares during the period. Knights of Columbus Asset Advisors LLC raised its holdings in shares of ASML by 29.4% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 585 shares of the semiconductor company's stock valued at $405,000 after buying an additional 133 shares during the period. English Capital Management LLC purchased a new stake in shares of ASML in the 4th quarter valued at $2,044,000. Finally, Mosley Wealth Management raised its holdings in shares of ASML by 23.2% in the 4th quarter. Mosley Wealth Management now owns 1,046 shares of the semiconductor company's stock valued at $745,000 after buying an additional 197 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Performance

ASML opened at $734.58 on Monday. The stock has a market cap of $289.00 billion, a P/E ratio of 30.66, a P/E/G ratio of 1.49 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The stock's 50 day simple moving average is $769.62 and its 200 day simple moving average is $728.20. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $945.05.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The company had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the company posted $4.01 EPS. As a group, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be issued a dividend of $1.856 per share. This represents a $7.42 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Tuesday, July 29th. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 29.67%.

Analysts Set New Price Targets

Several research analysts recently commented on ASML shares. Sanford C. Bernstein initiated coverage on ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Wells Fargo & Company upped their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

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.

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