Heck Capital Advisors LLC Takes $320,000 Position in ASML Holding (NASDAQ:ASML)

Heck Capital Advisors LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 461 shares of the semiconductor company's stock, valued at approximately $320,000.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in shares of ASML by 41.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company's stock valued at $2,019,000 after acquiring an additional 575 shares during the period. Duncan Williams Asset Management LLC acquired a new stake in ASML during the third quarter worth about $222,000. Eldred Rock Partners LLC increased its holdings in ASML by 120.6% in the 3rd quarter. Eldred Rock Partners LLC now owns 12,620 shares of the semiconductor company's stock valued at $10,516,000 after buying an additional 6,899 shares during the period. GAMMA Investing LLC raised its position in shares of ASML by 18.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,918 shares of the semiconductor company's stock valued at $1,598,000 after buying an additional 298 shares in the last quarter. Finally, WealthBridge Capital Management LLC bought a new stake in shares of ASML during the 3rd quarter worth approximately $237,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ASML shares. 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 target price on the stock. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research report on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $937.00.

ASML Stock Up 1.2 %

Shares of ASML stock traded up $8.53 during trading hours on Wednesday, reaching $739.94. 740,118 shares of the company's stock were exchanged, compared to its average volume of 1,975,263. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market cap of $291.11 billion, a price-to-earnings ratio of 35.55, a P/E/G ratio of 1.62 and a beta of 1.47. The stock's 50 day moving average is $721.49 and its 200-day moving average is $769.85. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued 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%. Analysts predict that ASML Holding will post 25.31 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a dividend of $1.5855 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This is a positive change from ASML's previous dividend of $1.08. ASML's payout ratio is currently 26.83%.

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.