ASML Holding (NASDAQ:ASML) Shares Purchased by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its stake in ASML Holding (NASDAQ:ASML) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,039 shares of the semiconductor company’s stock after acquiring an additional 274 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in ASML were worth $17,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position in shares of ASML by 1.0% in 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 purchasing an additional 31,879 shares during the period. Edgewood Management LLC lifted its stake in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after buying an additional 70,776 shares during the last quarter. Van ECK Associates Corp grew its position in shares of ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock worth $1,239,421,000 after acquiring an additional 31,231 shares during the last quarter. Windacre Partnership LLC increased its holdings in shares of ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares during the period. Finally, International Assets Investment Management LLC raised its position in ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. 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 report on Thursday, January 30th. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Down 3.3 %

ASML opened at $751.55 on Tuesday. The business has a 50 day simple moving average of $729.36 and a 200-day simple moving average of $761.58. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market capitalization of $295.67 billion, a P/E ratio of 36.13, a P/E/G ratio of 1.63 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 26.83%.

ASML Company 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.