Mackenzie Financial Corp Sells 2,547 Shares of ASML Holding (NASDAQ:ASML)

Mackenzie Financial Corp decreased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 4.9% in the fourth quarter, according to 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 period. Mackenzie Financial Corp's holdings in ASML were worth $34,355,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in ASML. Kennebec Savings Bank increased its position in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its holdings in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in ASML in the 4th quarter worth about $31,000. Roxbury Financial LLC purchased a new position in ASML in the 4th quarter worth about $39,000. Finally, Caitlin John LLC lifted its stake in ASML by 78.1% during the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 25 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

ASML Stock Performance

Shares of ASML stock traded up $6.93 during mid-day trading on Thursday, reaching $753.44. 593,091 shares of the company's stock traded hands, compared to its average volume of 1,664,361. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market capitalization of $296.42 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The firm has a 50 day moving average price of $687.49 and a two-hundred day moving average price of $707.29.

ASML (NASDAQ:ASML - Get Free Report) last released 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. The company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

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.