Axxcess Wealth Management LLC Cuts Stake in ASML Holding (NASDAQ:ASML)

Axxcess Wealth Management LLC reduced its stake in ASML Holding (NASDAQ:ASML - Free Report) by 82.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,416 shares of the semiconductor company's stock after selling 6,695 shares during the period. Axxcess Wealth Management LLC's holdings in ASML were worth $982,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Carnegie Investment Counsel grew its stake 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 during the last quarter. Central Pacific Bank Trust Division bought a new stake in ASML during the 4th quarter worth $1,174,000. State Street Corp increased its holdings 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 raised its position in ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after purchasing an additional 7,073 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of ASML by 104.4% during the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company's stock valued at $5,840,000 after purchasing an additional 3,580 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

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ASML Trading Up 1.6 %

Shares of ASML stock traded up $11.62 on Monday, hitting $727.84. 1,103,601 shares of the company's stock traded hands, compared to its average volume of 1,529,581. 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 company has a market capitalization of $286.35 billion, a price-to-earnings ratio of 34.99, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a fifty day moving average of $730.88 and a two-hundred day moving average of $733.81. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09.

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 (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, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is a positive change 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%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent research reports. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. decreased their price target on shares of 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. 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 target on the stock. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Finally, Wells Fargo & Company raised 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. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average price target 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.