Henry James International Management Inc. has recently announced its decreased holdings in shares of ASML Holding (NASDAQ: ASML), according to the latest Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,977 shares in the semiconductor company’s stock after selling 333 shares during the fourth quarter, resulting in a decrease of holdings by 3.2%. Despite this decrease, ASML is still considered as one of Henry James International Management Inc.’s biggest holding, accounting for about 2.6% of their portfolio.
At the end of the most recent quarter, Henry James International Management Inc.’s holdings in ASML were worth $5,451,000. It is noteworthy that this move was made amid analysts’ predictions that ASML Holdings will post a soaring EPS of up to 20.3 for this year. Furthermore, on January 25th, ASML posted an impressive quarterly earnings report that beat expectations with a net margin of 28.46% and return on equity of 74.34%.
ASML Holding NV is known for engaging in the development, production, marketing, sales, upgrading and servicing advanced semiconductor equipment systems including lithography, metrology and inspection systems around various regions like Japan, South Korea Singapore and many more.
It goes without saying that investors are keeping a close watch on how these moves will pan out over time as market dynamics shift rapidly amidst global economic uncertainty and technological advances across numerous sectors including semiconductors.
In conclusion, it is interesting to see how investors will react as they attempt to capitalize on market trends while also mitigating any potential investment risks downstream along with increased demands for transformative technologies across several markets ranging from energy to healthcare and telecommunications amongst others that promise huge returns on investments. Henceforth it can only be hoped that these developments pave way for better opportunities in years to come when there is stability in markets worldwide.
ASML’s Consistent Growth and Rising Institutional Investment Interest
ASML Holding NV, a company renowned for designing, producing, upgrading, and servicing advanced semiconductor equipment systems, has made significant strides in the past few months. Results of the company’s operations have been impressive, and this is evident from the massive investments made by hedge funds and large investors into its shares. In Q3 2020, Fisher Asset Management increased its holdings in ASML by 2.1%, adding over 98,000 shares to bring the total number of shares owned to almost 4.7 million, valued at $1.9 billion. Jennison Associates also grew its holding by an impressive margin of 63.6%, owning nearly 1.2 million shares worth $481.5 million at the end of Q3.
Other major institutional investors also significantly boosted their holdings in ASML during Q3 2020. Neuberger Berman Group LLC increased its stake by 0.4%, while Van ECK Associates Corp grew its holding by a considerable margin of 1.3%. Royal Bank of Canada posted the most substantial growth with an increase of 14.9% to bring its total shares to over 700,000.
The market performance for ASML has been nothing short of exceptional; it continues to grow relentlessly even amidst external economic pressures caused by the COVID-19 pandemic outbreak that impacted several businesses worldwide negatively throughout the year. The firm’s stock has hit a one-year low of $363 per share and breached new highs with a record high price traded at $698.59 at one point during Q3.
Recently declared quarterly dividends demonstrate faith in ASML’s consistent performance; investors are set to receive a payout on May tenth following a dividend record date on May second; shareholders will receive $1.267 dividend per share held equivalent to an annualized rate accruing up to five dollars and seven cents under current competitive conditions; representing a generous yield ratio exceeding seventy-six percent.
As a result of this sustained growth, investment analysts have reported positively on the future of the ASML stock. An industry report filed by StockNews.com considers it a “buy” and is optimistic about its projected growth trajectory. Sanford C. Bernstein analyzed ASML’s stocks and advised investors to take an “outperform” position while maintaining higher than average price targets for the Dutch tech firm.
ASML continues to enjoy wide support from investment professionals with JPMorgan Chase & Co increasing their target price from $710 to $752 giving ASML’s shares an overweight rating placing it above average in terms of potential yields within the semiconductor market space; equity research firm Argus follows closely predicting that a sensible strategy might include investing in the company’s shares highlighting its attractive profits margins as a driving factor.
Retail traders seem to have picked up on these positive developments, as evidenced by today’s trading volumes. The business logic taken by other hedge funds and large institutional investors has led retail traders to make informed decisions on how best to approach it, leading to impressive demand for its shares. A fifty-day simple moving average currently sits at $646.18, while the two-hundred-day simple moving averages stood at $582.31 during Q3 2020 showcasing stability and continuity that has contributed in establishing foundation fundamentals meaning that nothing is stopping ASML from growing continually with optimism running high for investors and traders alike.
As noted before, ASML has been making significant strides in advancing lithography, metrology, inspection systems over several decades impacting positively on various economic sectors such as technologies enabled through chips using EUV masks poised for various applications such as self-driving vehicles, gaming devices among others occurring presently hence ensuring significant returns on investments continue into future events which can only be good news for portfolio managers diversifying into different companies across segments providing cues as to what may drive forward-looking trends going into future periods despite toughening headwinds in contemporary business environments. It is evident that investing in ASML is a great investment move for investors who value long-term returns and sustainable performance.
