Rovida Advisors Inc. Has $6.06 Million Holdings in ASML Holding (NASDAQ:ASML)

Rovida Advisors Inc. lessened its stake in shares of ASML Holding (NASDAQ:ASML) by 30.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,750 shares of the semiconductor company’s stock after selling 3,750 shares during the period. ASML comprises approximately 4.7% of Rovida Advisors Inc.’s investment portfolio, making the stock its 8th largest holding. Rovida Advisors Inc.’s holdings in ASML were worth $6,060,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Van ECK Associates Corp boosted its holdings in shares of 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 last quarter. Windacre Partnership LLC lifted its stake in ASML by 4.0% in the third 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 last quarter. Amundi grew its position in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock valued at $247,019,000 after acquiring an additional 328,552 shares during the period. Stifel Financial Corp increased its stake in shares of ASML by 16.1% during the 3rd quarter. Stifel Financial Corp now owns 258,638 shares of the semiconductor company’s stock worth $215,530,000 after purchasing an additional 35,926 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of ASML in the 4th quarter valued at about $175,257,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price 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. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their target price on shares of 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 equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Performance

NASDAQ ASML opened at $726.74 on Wednesday. The firm has a 50-day moving average price of $730.70 and a two-hundred day moving average price of $733.15. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a market capitalization of $285.92 billion, a P/E ratio of 34.94, a P/E/G ratio of 1.62 and a beta of 1.54. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

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

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is 31.35%.

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.