New York State Common Retirement Fund Has $4.85 Million Stake in ASML Holding N.V. (NASDAQ:ASML)

New York State Common Retirement Fund boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 696.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,315 shares of the semiconductor company's stock after acquiring an additional 6,396 shares during the period. New York State Common Retirement Fund's holdings in ASML were worth $4,847,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in shares of ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Edgewood Management LLC lifted its stake in ASML by 43.1% in the fourth 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. Wellington Management Group LLP lifted its stake in 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 period. First Manhattan CO. LLC. raised its holdings in ASML by 59.4% in the fourth quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock worth $307,374,000 after purchasing an additional 163,945 shares in the last quarter. Finally, Hyperion Asset Management Ltd raised its holdings in ASML by 63.9% in the fourth quarter. Hyperion Asset Management Ltd now owns 297,882 shares of the semiconductor company's stock worth $206,456,000 after purchasing an additional 116,121 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 2.0%

Shares of ASML stock traded down $14.20 during trading on Tuesday, hitting $705.48. The stock had a trading volume of 3,420,141 shares, compared to its average volume of 1,762,863. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $945.05. The firm's fifty day simple moving average is $769.62 and its 200-day simple moving average is $728.20. The stock has a market cap of $277.55 billion, a PE ratio of 29.44, a PEG ratio of 1.49 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%. The firm's quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the previous year, the firm earned $4.01 EPS. As a group, sell-side analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be issued a dividend of $1.856 per share. The ex-dividend date is Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 1.05%. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is presently 29.67%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Susquehanna decreased their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Sanford C. Bernstein started coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Wells Fargo & Company raised their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $923.80.

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.