Toronto Dominion Bank Has $2.05 Million Stock Position in ASML Holding (NASDAQ:ASML)

Toronto Dominion Bank lifted its stake in ASML Holding (NASDAQ:ASML - Free Report) by 82.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,954 shares of the semiconductor company's stock after acquiring an additional 1,339 shares during the quarter. Toronto Dominion Bank's holdings in ASML were worth $2,047,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Foundations Investment Advisors LLC increased its position in shares of ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after acquiring an additional 7,073 shares during the last quarter. Fifth Third Bancorp increased its position in ASML by 12.2% during the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after buying an additional 1,062 shares during the last quarter. Vantage Investment Partners LLC increased its position in ASML by 53.3% during the fourth quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company's stock worth $36,934,000 after buying an additional 18,523 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in ASML during the fourth quarter worth approximately $337,000. Finally, Clarendon Private LLC acquired a new position in ASML during the fourth quarter worth approximately $269,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Price Performance

ASML stock opened at $732.49 on Friday. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The stock's 50 day moving average is $686.48 and its 200-day moving average is $705.72. 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 capitalization of $288.18 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 1.62 and a beta of 1.75.

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Susquehanna lowered their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company lowered their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday. Finally, JPMorgan Chase & Co. lowered their price target 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. Two research 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 MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.

About ASML

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.

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