XTX Topco Ltd Takes $1.08 Million Position in ASML Holding (NASDAQ:ASML)

XTX Topco Ltd purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,559 shares of the semiconductor company’s stock, valued at approximately $1,081,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Edgewood Management LLC increased its holdings in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the period. Van ECK Associates Corp increased its stake in ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after buying an additional 31,231 shares during the period. Clearbridge Investments LLC increased its stake in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after buying an additional 33,603 shares during the period. Neuberger Berman Group LLC raised its position in ASML by 1.4% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock worth $667,155,000 after buying an additional 13,115 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of ASML by 53.4% in the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock worth $559,494,000 after acquiring an additional 281,156 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Price Performance

Shares of NASDAQ:ASML opened at $683.16 on Wednesday. The firm has a market capitalization of $268.77 billion, a price-to-earnings ratio of 32.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business’s 50 day simple moving average is $703.70 and its 200-day simple moving average is $716.63. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last posted 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 return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. The ex-dividend date is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.

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.