Sei Investments Co. Reduces Position in ASML Holding NV (ASML)

Sei Investments Co. cut its position in ASML Holding NV (NASDAQ:ASML) by 9.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 665,021 shares of the semiconductor company’s stock after selling 72,866 shares during the period. Sei Investments Co. owned about 0.15% of ASML worth $115,594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cavalier Investments LLC bought a new position in ASML in the third quarter valued at $360,000. Zions Bancorporation grew its position in shares of ASML by 5,802.2% in the 3rd quarter. Zions Bancorporation now owns 2,715 shares of the semiconductor company’s stock valued at $465,000 after acquiring an additional 2,669 shares during the period. Parametric Portfolio Associates LLC grew its position in shares of ASML by 5.3% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 515,306 shares of the semiconductor company’s stock valued at $88,220,000 after acquiring an additional 25,949 shares during the period. Fisher Asset Management LLC grew its position in shares of ASML by 2.8% in the 4th quarter. Fisher Asset Management LLC now owns 2,075,281 shares of the semiconductor company’s stock valued at $360,725,000 after acquiring an additional 57,055 shares during the period. Finally, Aperio Group LLC grew its position in shares of ASML by 6.6% in the 3rd quarter. Aperio Group LLC now owns 97,174 shares of the semiconductor company’s stock valued at $16,636,000 after acquiring an additional 6,034 shares during the period. Institutional investors own 16.69% of the company’s stock.

ASML Holding NV (NASDAQ ASML) traded up $5.06 on Tuesday, reaching $197.29. 488,705 shares of the company’s stock were exchanged, compared to its average volume of 1,146,747. ASML Holding NV has a 52-week low of $119.83 and a 52-week high of $208.58. The company has a quick ratio of 1.81, a current ratio of 2.70 and a debt-to-equity ratio of 0.28. The company has a market cap of $82,570.00, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 17th. The semiconductor company reported $1.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.52. ASML had a net margin of 24.28% and a return on equity of 21.16%. The firm had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period in the previous year, the firm posted $1.23 EPS. The company’s revenue for the quarter was up 34.3% compared to the same quarter last year. research analysts expect that ASML Holding NV will post 7.31 EPS for the current fiscal year.

ASML announced that its board has approved a share buyback plan on Wednesday, January 17th that permits the company to repurchase outstanding shares. This repurchase authorization permits the semiconductor company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

The company also recently disclosed an annual dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 30th will be paid a $1.7181 dividend. This is a positive change from ASML’s previous annual dividend of $0.71. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, April 27th. ASML’s dividend payout ratio is currently 18.23%.

A number of analysts have recently issued reports on the stock. Royal Bank of Canada raised their target price on shares of ASML to $210.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 18th. They noted that the move was a valuation call. B. Riley raised their target price on shares of ASML from $166.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. BidaskClub upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Friday, January 19th. Zacks Investment Research cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Finally, Credit Suisse Group upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, January 15th. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $196.29.

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About ASML

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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