Clean Yield Group increased its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 5,448.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,493 shares of the semiconductor company's stock after purchasing an additional 5,394 shares during the period. ASML makes up 1.2% of Clean Yield Group's portfolio, making the stock its 28th biggest position. Clean Yield Group's holdings in ASML were worth $3,807,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. grew its holdings in shares of ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 12 shares during the last quarter. Matrix Private Capital Group LLC increased its holdings in shares of ASML by 5.5% during the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company's stock worth $254,000 after buying an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC raised its stake in shares of ASML by 21.2% in the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company's stock valued at $67,000 after acquiring an additional 14 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock worth $768,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 26.07% of the company's stock.
Wall Street Analyst Weigh In
ASML has been the subject of several research analyst reports. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price objective for the company. Berenberg Bank raised ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday. Finally, JPMorgan Chase & Co. cut their price target on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a research note on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $955.50.
View Our Latest Report on ASML
ASML Trading Down 1.6 %
NASDAQ ASML traded down $11.60 on Monday, reaching $727.41. The company had a trading volume of 1,319,666 shares, compared to its average volume of 1,493,166. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a market cap of $286.18 billion, a price-to-earnings ratio of 38.08, a PEG ratio of 2.07 and a beta of 1.47. The stock's 50 day moving average is $701.02 and its 200-day moving average is $803.87.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Equities analysts predict that ASML Holding will post 20.68 earnings per share for the current year.
ASML Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.77%. ASML's dividend payout ratio is 29.21%.
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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