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

Mackenzie Financial Corp reduced its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund 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 filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Edgewood Management LLC grew its holdings in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after acquiring an additional 959,696 shares during the period. Amundi lifted its position in ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares during the period. Wellington Management Group LLP boosted its position in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after acquiring an additional 281,156 shares during the last quarter. Raymond James Financial Inc. acquired a new position in ASML in the fourth quarter valued at $175,257,000. Finally, Fisher Funds Management LTD acquired a new stake in ASML during the fourth quarter worth about $137,386,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the topic of several recent research reports. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, Wells Fargo & Company decreased their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Price Performance

Shares of NASDAQ ASML traded down $10.28 during trading on Wednesday, hitting $746.51. The company had a trading volume of 1,233,515 shares, compared to its average volume of 1,666,605. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The business's 50-day moving average is $686.88 and its 200 day moving average is $707.02. The company has a market cap of $293.69 billion, a P/E ratio of 35.89, a PEG ratio of 1.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Equities research analysts predict that ASML Holding will post 25.17 earnings per share 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.