Bfsg LLC Decreases Holdings in ASML Holding (NASDAQ:ASML)

Bfsg LLC lowered its position in ASML Holding (NASDAQ:ASML - Free Report) by 17.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,489 shares of the semiconductor company's stock after selling 522 shares during the period. Bfsg LLC's holdings in ASML were worth $1,725,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BKM Wealth Management LLC lifted its position in shares of ASML by 15.6% in the 4th quarter. BKM Wealth Management LLC now owns 1,110 shares of the semiconductor company's stock worth $769,000 after purchasing an additional 150 shares during the period. Kestra Investment Management LLC acquired a new position in shares of ASML in the 4th quarter worth approximately $92,000. Kornitzer Capital Management Inc. KS lifted its position in shares of ASML by 1.1% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 25,039 shares of the semiconductor company's stock worth $17,354,000 after purchasing an additional 274 shares during the period. Venturi Wealth Management LLC lifted its position in shares of ASML by 113.7% in the 4th quarter. Venturi Wealth Management LLC now owns 5,098 shares of the semiconductor company's stock worth $3,534,000 after purchasing an additional 2,712 shares during the period. Finally, Truist Financial Corp lifted its position in shares of ASML by 7.5% in the 4th quarter. Truist Financial Corp now owns 46,211 shares of the semiconductor company's stock worth $32,028,000 after purchasing an additional 3,214 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Down 0.8 %

ASML stock traded down $6.08 during midday trading on Friday, reaching $737.01. 1,471,505 shares of the company's stock traded hands, compared to its average volume of 1,797,356. The company has a market cap of $289.96 billion, a price-to-earnings ratio of 35.43, a P/E/G ratio of 1.64 and a beta of 1.47. The firm's fifty day moving average price is $732.62 and its 200-day moving average price is $759.39. 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 Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. As a group, sell-side analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced 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 dividend payout ratio is presently 31.35%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research report on Friday, November 29th. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price 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. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

ASML Company 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.