Mackenzie Financial Corp Has $34.36 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Mackenzie Financial Corp cut its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 49,568 shares of the semiconductor company's stock after selling 2,547 shares during the quarter. Mackenzie Financial Corp's holdings in ASML were worth $34,355,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Forum Financial Management LP boosted its holdings in ASML by 27.8% in the fourth quarter. Forum Financial Management LP now owns 2,789 shares of the semiconductor company's stock valued at $1,933,000 after acquiring an additional 607 shares during the last quarter. Toronto Dominion Bank boosted its holdings in ASML by 82.9% in the fourth quarter. Toronto Dominion Bank now owns 2,954 shares of the semiconductor company's stock valued at $2,047,000 after acquiring an additional 1,339 shares during the last quarter. Auxier Asset Management boosted its holdings in ASML by 120.5% in the fourth quarter. Auxier Asset Management now owns 668 shares of the semiconductor company's stock valued at $463,000 after acquiring an additional 365 shares during the last quarter. Formidable Asset Management LLC bought a new position in ASML in the fourth quarter valued at about $672,000. Finally, North Star Asset Management Inc. boosted its holdings in ASML by 12.7% in the fourth quarter. North Star Asset Management Inc. now owns 32,762 shares of the semiconductor company's stock valued at $22,707,000 after acquiring an additional 3,692 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Finally, Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Up 3.3%

Shares of NASDAQ:ASML traded up $24.30 during trading on Tuesday, hitting $756.79. 1,383,549 shares of the company's stock traded hands, compared to its average volume of 1,668,328. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market cap of $297.74 billion, a price-to-earnings ratio of 36.38, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The company has a 50-day moving average price of $686.43 and a 200-day moving average price of $706.67.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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 return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, research analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

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.