Prosperity Wealth Management Inc. increased its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 132.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,893 shares of the semiconductor company's stock after purchasing an additional 1,078 shares during the quarter. Prosperity Wealth Management Inc.'s holdings in ASML were worth $1,312,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. Kennebec Savings Bank lifted its holdings in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 25 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML in the fourth quarter valued at $31,000. Albion Financial Group UT lifted its holdings in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 32 shares during the period. Roxbury Financial LLC acquired a new stake in ASML in the fourth quarter valued at $39,000. Finally, Caitlin John LLC lifted its holdings in ASML by 78.1% in the fourth quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on ASML. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target for the company. JPMorgan Chase & Co. dropped their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, Sanford C. Bernstein dropped 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. 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 company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $937.00.
Read Our Latest Stock Analysis on ASML
ASML Stock Up 1.0 %
Shares of NASDAQ:ASML opened at $690.21 on Wednesday. The firm has a market cap of $271.54 billion, a price-to-earnings ratio of 33.18, a PEG 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 current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock's 50-day moving average price is $732.93 and its two-hundred day moving average price is $742.65.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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, research analysts forecast 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. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML's payout ratio is currently 31.35%.
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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