LM Advisors LLC Acquires 791 Shares of ASML Holding (NASDAQ:ASML)

LM Advisors LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 270.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,083 shares of the semiconductor company's stock after purchasing an additional 791 shares during the quarter. LM Advisors LLC's holdings in ASML were worth $751,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of ASML. Thrivent Financial for Lutherans lifted its holdings in ASML by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,108 shares of the semiconductor company's stock worth $2,589,000 after purchasing an additional 802 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of ASML by 6.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 49,472 shares of the semiconductor company's stock valued at $41,223,000 after acquiring an additional 3,000 shares during the period. Daiwa Securities Group Inc. increased its holdings in ASML by 14.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 6,553 shares of the semiconductor company's stock worth $5,460,000 after acquiring an additional 849 shares during the period. Brown Brothers Harriman & Co. increased its holdings in ASML by 2.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,437 shares of the semiconductor company's stock worth $1,197,000 after acquiring an additional 40 shares during the period. Finally, Hancock Whitney Corp bought a new position in ASML in the 3rd quarter valued at $274,000. Institutional investors own 26.07% of the company's stock.

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ASML Price Performance

Shares of ASML traded down $16.05 during midday trading on Friday, reaching $674.58. The stock had a trading volume of 1,391,819 shares, compared to its average volume of 1,557,439. The company has a market capitalization of $265.39 billion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company's 50-day moving average is $727.46 and its 200 day moving average is $732.01.

ASML (NASDAQ:ASML - Get Free Report) last released its 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%. On average, equities analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a $1.5855 dividend. The ex-dividend date is Monday, April 28th. This is an increase from ASML's previous dividend of $1.08. ASML's payout ratio is presently 31.35%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ASML shares. BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target on the stock. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company raised their price target on 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 price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $937.00.

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.