ASML Holding N.V. (NASDAQ:ASML) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp cut its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 4.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,216 shares of the semiconductor company's stock after selling 2,352 shares during the period. Mackenzie Financial Corp's holdings in ASML were worth $31,287,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ASML. Wealthcare Advisory Partners LLC grew its holdings in ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after acquiring an additional 44 shares in the last quarter. Rhumbline Advisers grew its holdings in ASML by 12.7% during the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after acquiring an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in ASML by 1.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after acquiring an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after acquiring an additional 763 shares in the last quarter. Finally, Novo Holdings A S grew its holdings in ASML by 24.4% during the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock worth $114,938,000 after acquiring an additional 32,500 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Performance

ASML stock traded down $4.89 on Friday, hitting $689.82. The company's stock had a trading volume of 1,621,502 shares, compared to its average volume of 2,505,007. The firm has a 50 day moving average of $762.32 and a two-hundred day moving average of $726.45. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The stock has a market cap of $271.39 billion, a price-to-earnings ratio of 28.79, a price-to-earnings-growth ratio of 1.41 and a beta of 1.77. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be paid a $1.856 dividend. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 1.1%. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is presently 26.21%.

Analyst Upgrades and Downgrades

Several research analysts have commented on ASML shares. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Sanford C. Bernstein started coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective for the company. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Finally, Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Company 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.