Fourpath Capital Management LLC Purchases 995 Shares of ASML Holding (NASDAQ:ASML)

Fourpath Capital Management LLC lifted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 56.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,761 shares of the semiconductor company's stock after purchasing an additional 995 shares during the period. Fourpath Capital Management LLC's holdings in ASML were worth $1,914,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Carnegie Investment Counsel boosted its stake in shares of ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock valued at $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in ASML during the 4th quarter valued at approximately $1,174,000. Taurus Asset Management LLC bought a new stake in ASML during the 3rd quarter valued at approximately $16,994,000. State Street Corp grew its holdings in shares of ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock worth $117,323,000 after acquiring an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. raised its position in shares of ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company's stock worth $12,800,000 after acquiring an additional 1,032 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 1.5 %

ASML stock traded down $11.43 during trading hours on Friday, hitting $727.70. The stock had a trading volume of 1,310,742 shares, compared to its average volume of 1,936,048. The stock's 50-day moving average price is $724.31 and its 200-day moving average price is $769.45. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $286.29 billion, a P/E ratio of 34.99, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. Equities research analysts anticipate that ASML Holding will post 25.31 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be issued a $1.5855 dividend. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML's dividend payout ratio (DPR) is presently 26.83%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ASML shares. JPMorgan Chase & Co. dropped their price target on 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. BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th. Finally, Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research note on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and an average target price of $937.00.

ASML 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.