Balboa Wealth Partners increased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 58.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,699 shares of the semiconductor company's stock after acquiring an additional 2,097 shares during the quarter. ASML makes up about 0.9% of Balboa Wealth Partners' holdings, making the stock its 22nd largest position. Balboa Wealth Partners' holdings in ASML were worth $3,950,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of ASML. Kennebec Savings Bank lifted its holdings in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 25 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML in the fourth quarter valued at $31,000. Albion Financial Group UT raised its stake in shares of 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 buying an additional 32 shares during the period. Roxbury Financial LLC bought a new stake in shares of ASML in the fourth quarter valued at $39,000. Finally, Caitlin John LLC raised its stake in shares of 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 buying an additional 25 shares during the period. 26.07% of the stock is currently owned by institutional investors.
ASML Stock Performance
NASDAQ:ASML opened at $703.37 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The firm has a market cap of $276.72 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 1.62 and a beta of 1.54. The business's fifty day moving average is $733.14 and its 200 day moving average is $742.38.
ASML (NASDAQ:ASML - Get Free Report) last posted 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 return on equity of 47.73% and a net margin of 26.78%. Research analysts predict that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently announced 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 boost from ASML's previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML's payout ratio is presently 31.35%.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 target price on the stock. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered their target price 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. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Finally, Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average price target of $937.00.
Read Our Latest Research Report on ASML
About ASML
(
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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