ASML Holding (NASDAQ:ASML) Shares Purchased by Taurus Asset Management LLC

Taurus Asset Management LLC lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,870 shares of the semiconductor company's stock after acquiring an additional 4,475 shares during the period. ASML accounts for 1.7% of Taurus Asset Management LLC's holdings, making the stock its 27th largest position. Taurus Asset Management LLC's holdings in ASML were worth $17,237,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel grew its holdings in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after buying an additional 868 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in ASML in the 4th quarter valued at about $1,174,000. State Street Corp lifted its stake in 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 purchasing an additional 7,010 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock worth $18,243,000 after purchasing an additional 7,073 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of ASML by 12.2% during the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after purchasing an additional 1,062 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

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ASML Trading Up 1.5 %

ASML stock traded up $10.29 during mid-day trading on Tuesday, hitting $683.16. 2,095,934 shares of the company were exchanged, compared to its average volume of 1,630,188. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The firm has a market capitalization of $268.77 billion, a P/E ratio of 32.84, a PEG ratio of 1.62 and a beta of 1.67. The business has a fifty day simple moving average of $703.70 and a 200-day simple moving average of $716.63. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data 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%. On average, equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued 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 currently 31.35%.

Analyst Ratings Changes

A number of equities analysts have weighed in on ASML shares. JPMorgan Chase & Co. lowered their price objective on 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. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company lifted 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. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average 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.