Modera Wealth Management LLC Has $7.24 Million Position in ASML Holding (NASDAQ:ASML)

Modera Wealth Management LLC increased its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,446 shares of the semiconductor company's stock after acquiring an additional 674 shares during the quarter. Modera Wealth Management LLC's holdings in ASML were worth $7,240,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Fairway Wealth LLC acquired a new position in shares of ASML during the third quarter valued at about $25,000. Kennebec Savings Bank raised its stake in shares of 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 buying an additional 25 shares in the last quarter. Milestone Investment Advisors LLC bought a new position in ASML during the third quarter worth about $28,000. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML in the 4th quarter valued at $31,000. Finally, Albion Financial Group UT grew its holdings in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 32 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on ASML. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective on the stock. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their price objective 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. Two investment 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $937.00.

ASML Stock Up 4.5 %

Shares of NASDAQ ASML traded up $31.53 during mid-day trading on Wednesday, reaching $739.75. 1,751,919 shares of the company's stock were exchanged, compared to its average volume of 1,515,217. 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 business has a fifty day simple moving average of $732.50 and a 200 day simple moving average of $750.10. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm has a market capitalization of $291.03 billion, a price-to-earnings ratio of 35.56, a PEG ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML - Get Free Report) last announced 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%. As a group, equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued 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 dividend payout ratio (DPR) is 31.35%.

About ASML

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.