Andar Capital Management HK Ltd lifted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 259.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,100 shares of the semiconductor company's stock after buying an additional 10,900 shares during the period. ASML makes up about 13.5% of Andar Capital Management HK Ltd's holdings, making the stock its biggest holding. Andar Capital Management HK Ltd's holdings in ASML were worth $10,466,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Kennebec Savings Bank increased its holdings in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC lifted its position in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML in the fourth quarter worth about $31,000. Brooklyn Investment Group bought a new position in ASML in the third quarter worth about $43,000. Finally, Itau Unibanco Holding S.A. bought a new position in ASML in the third quarter worth about $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Price Performance
NASDAQ:ASML traded down $17.84 during trading hours on Friday, reaching $716.22. 1,965,756 shares of the company's stock were exchanged, compared to its average volume of 1,527,940. The company has a market capitalization of $281.78 billion, a P/E ratio of 34.43, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The business's 50-day simple moving average is $730.88 and its two-hundred day simple moving average is $735.13.
ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Sell-side analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is a boost from ASML's previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML's dividend payout ratio (DPR) is presently 31.35%.
Analysts Set New Price Targets
ASML has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective on the stock. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.
Read Our Latest Analysis on ASML
ASML Profile
(
Free Report)
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.
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