Fifth Third Bancorp Decreases Stock Position in ASML Holding N.V. $ASML

Fifth Third Bancorp cut its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,413 shares of the semiconductor company's stock after selling 683 shares during the period. Fifth Third Bancorp's holdings in ASML were worth $20,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position in ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company's stock worth $4,798,268,000 after acquiring an additional 132,353 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company's stock valued at $2,168,227,000 after acquiring an additional 96,860 shares during the last quarter. Bank of America Corp DE raised its holdings in ASML by 1.2% in the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company's stock valued at $2,060,833,000 after acquiring an additional 19,051 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in ASML by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company's stock worth $1,633,046,000 after purchasing an additional 193,068 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of ASML by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company's stock worth $1,364,963,000 after purchasing an additional 18,768 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 0.0%

Shares of ASML stock opened at $1,844.45 on Monday. The firm has a market capitalization of $725.39 billion, a price-to-earnings ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a 50 day moving average of $1,781.65 and a 200 day moving average of $1,568.23.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion for the quarter. As a group, research analysts predict that ASML Holding N.V. will post 44.85 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML's dividend payout ratio (DPR) is presently 22.62%.

Analyst Ratings Changes

ASML has been the subject of several recent research reports. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Friday, July 17th. Wall Street Zen downgraded ASML from a "buy" rating to a "hold" rating in a research note on Saturday. Zacks Research cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 3rd. JPMorgan Chase & Co. upped their price objective on shares of ASML from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Finally, Morningstar cut shares of ASML to a "sell" rating in a research report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,970.33.

ASML Company Profile

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source