JCIC Asset Management Inc. Buys 33 Shares of ASML Holding (NASDAQ:ASML)

JCIC Asset Management Inc. raised its position in shares of ASML Holding (NASDAQ:ASML) by 1.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,303 shares of the semiconductor company’s stock after acquiring an additional 33 shares during the quarter. JCIC Asset Management Inc.’s holdings in ASML were worth $2,289,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Fisher Asset Management LLC raised its holdings in ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after acquiring an additional 31,879 shares during the period. Edgewood Management LLC lifted its holdings in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after purchasing an additional 70,776 shares in the last quarter. Van ECK Associates Corp boosted its stake in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in ASML by 4,379.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after buying an additional 870,010 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of ASML by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company’s stock worth $836,300,000 after buying an additional 2,085 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

ASML traded down $12.75 during midday trading on Monday, hitting $726.26. The stock had a trading volume of 871,218 shares, compared to its average volume of 1,423,460. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The business has a fifty day moving average of $699.90 and a 200 day moving average of $805.98. The company has a market cap of $285.73 billion, a P/E ratio of 38.02, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, equities analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Analyst Ratings Changes

A number of research firms recently weighed in on ASML. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, Susquehanna decreased their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $955.50.

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.