Concord Wealth Partners Raises Position in ASML Holding (NASDAQ:ASML)

Concord Wealth Partners raised its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 5,783.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 353 shares of the semiconductor company's stock after acquiring an additional 347 shares during the period. Concord Wealth Partners' holdings in ASML were worth $245,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Concord Asset Management LLC VA acquired a new position in ASML in the 4th quarter valued at $242,000. Clear Creek Financial Management LLC raised its holdings in ASML by 150.2% in the 4th quarter. Clear Creek Financial Management LLC now owns 1,041 shares of the semiconductor company's stock valued at $721,000 after acquiring an additional 625 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in ASML during the fourth quarter worth about $320,000. Caprock Group LLC increased its holdings in ASML by 9.4% in the fourth quarter. Caprock Group LLC now owns 5,243 shares of the semiconductor company's stock valued at $3,634,000 after purchasing an additional 450 shares during the period. Finally, New Wave Wealth Advisors LLC acquired a new stake in shares of ASML in the 4th quarter worth about $113,000. Institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ASML shares. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 target price on the stock. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company boosted their target price 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. Finally, Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $937.00.

ASML Stock Performance

Shares of ASML stock traded up $8.22 during trading on Wednesday, reaching $739.63. 740,118 shares of the company's stock traded hands, compared to its average volume of 1,975,263. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a market capitalization of $290.98 billion, a P/E ratio of 35.55, a PEG ratio of 1.62 and a beta of 1.47. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm's 50-day moving average is $721.49 and its 200 day moving average is $769.85.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. Equities research analysts expect that ASML Holding will post 25.31 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date is Tuesday, February 11th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio is 26.83%.

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.