Vontobel Holding Ltd. Has $37.48 Million Holdings in ASML Holding N.V. $ASML

Vontobel Holding Ltd. cut its position in ASML Holding N.V. (NASDAQ:ASML) by 46.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,837 shares of the semiconductor company’s stock after selling 16,535 shares during the quarter. Vontobel Holding Ltd.’s holdings in ASML were worth $37,475,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ASML. Arrowstreet Capital Limited Partnership raised its position in ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Sei Investments Co. grew its position in shares of ASML by 223.7% in the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock valued at $379,368,000 after acquiring an additional 198,505 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of ASML by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after acquiring an additional 193,068 shares during the period. Invesco Ltd. increased its stake in shares of ASML by 21.3% during the 3rd quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock worth $822,492,000 after purchasing an additional 148,948 shares during the last quarter. Finally, Sands Capital Management LLC increased its stake in shares of ASML by 26.6% during the 4th quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock worth $716,790,000 after purchasing an additional 140,821 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ASML. Sanford C. Bernstein upped their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Susquehanna restated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Finally, DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Price Performance

Shares of ASML opened at $1,844.45 on Friday. The firm has a market capitalization of $725.39 billion, a PE ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79. The company’s 50-day moving average is $1,781.65 and its 200-day moving average is $1,567.15. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80.

ASML (NASDAQ:ASML) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The company had revenue of $10.64 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. Equities analysts forecast that ASML Holding N.V. will post 44.85 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio is currently 22.62%.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.