Glass Wealth Management Co LLC Purchases Shares of 562 ASML Holding (NASDAQ:ASML)

Glass Wealth Management Co LLC acquired a new position in ASML Holding (NASDAQ:ASML - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 562 shares of the semiconductor company's stock, valued at approximately $390,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ASML. 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 worth $1,475,000 after purchasing an additional 868 shares during the period. Central Pacific Bank Trust Division purchased a new position in shares of ASML during the 4th quarter worth about $1,174,000. Taurus Asset Management LLC purchased a new position in shares of ASML during the 3rd quarter worth about $16,994,000. State Street Corp boosted its stake 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 purchasing an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. boosted its stake in shares of ASML by 7.2% during the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company's stock worth $12,800,000 after purchasing an additional 1,032 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 4.5 %

Shares of NASDAQ:ASML traded up $31.53 during trading hours on Wednesday, hitting $739.75. The company's stock had a trading volume of 1,751,919 shares, compared to its average volume of 1,515,217. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market capitalization of $291.03 billion, a price-to-earnings ratio of 35.56, a P/E/G ratio of 1.62 and a beta of 1.47. The firm's fifty day moving average price is $732.90 and its 200 day moving average price is $750.03.

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 net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML's previous dividend of $1.08. ASML's payout ratio is 31.35%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. DZ Bank raised 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 company an "overweight" rating in a research report on Monday, January 13th. JPMorgan Chase & Co. lowered their price objective on shares of 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. BNP Paribas began 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. Finally, 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. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus 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.