Allspring Global Investments Holdings LLC Acquires 1,279 Shares of ASML Holding (NASDAQ:ASML)

Allspring Global Investments Holdings LLC lifted its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 22.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,102 shares of the semiconductor company's stock after purchasing an additional 1,279 shares during the period. Allspring Global Investments Holdings LLC's holdings in ASML were worth $4,974,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. Carnegie Investment Counsel increased its stake in shares of ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after acquiring an additional 868 shares during the period. Central Pacific Bank Trust Division acquired a new position in ASML during the fourth quarter worth about $1,174,000. Taurus Asset Management LLC acquired a new position in ASML in the 3rd quarter valued at about $16,994,000. State Street Corp lifted its holdings in shares of ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock worth $117,323,000 after acquiring an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. increased its stake in ASML by 7.2% during the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company's stock worth $12,800,000 after buying an additional 1,032 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. dropped 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 report on Thursday, January 30th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. 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. Wells Fargo & Company raised their target price 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, BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target for the company. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $937.00.

ASML Stock Performance

Shares of NASDAQ ASML traded down $6.54 during trading hours on Friday, reaching $736.55. The stock had a trading volume of 789,483 shares, compared to its average volume of 1,774,991. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business's fifty day moving average is $732.25 and its two-hundred day moving average is $759.97. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a market cap of $289.77 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 1.64 and a beta of 1.47.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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, research analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given 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%.

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.