Boomfish Wealth Group LLC lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 19.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,440 shares of the semiconductor company's stock after purchasing an additional 572 shares during the quarter. ASML comprises about 1.4% of Boomfish Wealth Group LLC's holdings, making the stock its 27th biggest holding. Boomfish Wealth Group LLC's holdings in ASML were worth $2,384,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Fairway Wealth LLC purchased a new position in shares of ASML during the 3rd quarter worth $25,000. Milestone Investment Advisors LLC acquired a new position in ASML in the third quarter valued at about $28,000. Fortitude Family Office LLC boosted its stake in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock worth $39,000 after buying an additional 15 shares during the period. Brooklyn Investment Group acquired a new stake in shares of ASML during the third quarter valued at about $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of ASML in the 3rd quarter valued at approximately $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. JPMorgan Chase & Co. lowered their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday. Finally, BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. Three investment 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, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $937.00.
Check Out Our Latest Research Report on ASML
ASML Stock Up 0.3 %
Shares of ASML traded up $2.32 during midday trading on Friday, hitting $739.31. The company had a trading volume of 2,125,582 shares, compared to its average volume of 2,078,629. The company's 50-day simple moving average is $718.04 and its 200-day simple moving average is $777.78. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm has a market capitalization of $290.86 billion, a P/E ratio of 35.54, a P/E/G ratio of 2.25 and a beta of 1.47.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly 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 50.53% and a net margin of 26.78%. As a group, sell-side analysts expect that ASML Holding will post 25.07 EPS for the current year.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a $1.6414 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML's previous quarterly dividend of $1.41. This represents a $6.57 dividend on an annualized basis and a yield of 0.89%. ASML's dividend payout ratio (DPR) is currently 26.83%.
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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