CogentBlue Wealth Advisors LLC Takes $245,000 Position in ASML Holding (NASDAQ:ASML)

CogentBlue Wealth Advisors LLC bought a new position in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 354 shares of the semiconductor company's stock, valued at approximately $245,000.

Several other hedge funds have also added to or reduced their stakes in ASML. ICICI Prudential Asset Management Co Ltd lifted its holdings in shares of ASML by 124.0% during the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 2,755 shares of the semiconductor company's stock valued at $1,909,000 after purchasing an additional 1,525 shares in the last quarter. Financial Perspectives Inc lifted its holdings in shares of ASML by 4.3% during the fourth quarter. Financial Perspectives Inc now owns 1,717 shares of the semiconductor company's stock valued at $1,190,000 after purchasing an additional 71 shares in the last quarter. Pegasus Asset Management Inc. lifted its holdings in shares of ASML by 43.0% during the fourth quarter. Pegasus Asset Management Inc. now owns 4,581 shares of the semiconductor company's stock valued at $3,175,000 after purchasing an additional 1,377 shares in the last quarter. Hudson Value Partners LLC lifted its holdings in shares of ASML by 994.6% during the fourth quarter. Hudson Value Partners LLC now owns 5,112 shares of the semiconductor company's stock valued at $3,543,000 after purchasing an additional 4,645 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its holdings in shares of ASML by 5.4% during the fourth quarter. Lyell Wealth Management LP now owns 19,024 shares of the semiconductor company's stock valued at $13,185,000 after purchasing an additional 982 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. JPMorgan Chase & Co. reduced their price target on 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. Sanford C. Bernstein cut their target price on 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, January 30th. Finally, BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price for the company. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.

ASML Trading Down 1.0 %

ASML traded down $7.18 during trading on Friday, hitting $735.91. 1,027,927 shares of the stock were exchanged, compared to its average volume of 1,782,454. The firm has a 50 day simple moving average of $732.25 and a 200 day simple moving average of $759.97. The firm has a market cap of $289.52 billion, a price-to-earnings ratio of 35.33, a P/E/G ratio of 1.64 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. 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 (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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, equities analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's payout ratio is 31.35%.

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.