FNY Investment Advisers LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

FNY Investment Advisers LLC grew its position in shares of ASML Holding (NASDAQ:ASML) by 258.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,160 shares of the semiconductor company’s stock after acquiring an additional 9,487 shares during the quarter. ASML comprises 4.8% of FNY Investment Advisers LLC’s holdings, making the stock its largest holding. FNY Investment Advisers LLC’s holdings in ASML were worth $9,120,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ASML. Mercer Global Advisors Inc. ADV increased its stake 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 purchasing an additional 870,010 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after acquiring an additional 491,096 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of 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 acquiring an additional 474,653 shares during the last quarter. Tairen Capital Ltd lifted its position in ASML by 321.2% in the 2nd quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock valued at $207,559,000 after acquiring an additional 154,760 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in ASML during the 3rd quarter valued at about $125,952,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday. JPMorgan Chase & Co. lowered their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, Susquehanna dropped their price target 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 equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Down 1.6 %

ASML opened at $727.41 on Tuesday. The company’s 50-day moving average price is $701.02 and its two-hundred day moving average price is $803.87. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market cap of $286.18 billion, a price-to-earnings ratio of 38.08, a PEG ratio of 2.07 and a beta of 1.47.

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

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.77%. ASML’s payout ratio is 29.21%.

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.