Inspire Advisors LLC reduced its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 47.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 791 shares of the semiconductor company's stock after selling 710 shares during the quarter. Inspire Advisors LLC's holdings in ASML were worth $548,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the company. Dearborn Partners LLC purchased a new stake in shares of ASML during the 4th quarter worth about $230,000. Davis R M Inc. raised its position in shares of ASML by 0.7% during the 4th quarter. Davis R M Inc. now owns 52,285 shares of the semiconductor company's stock worth $36,238,000 after purchasing an additional 348 shares during the last quarter. Johnson Investment Counsel Inc. raised its position in shares of ASML by 26.3% during the 4th quarter. Johnson Investment Counsel Inc. now owns 82,646 shares of the semiconductor company's stock worth $57,280,000 after purchasing an additional 17,187 shares during the last quarter. Daiwa Securities Group Inc. raised its position in shares of ASML by 4.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 6,839 shares of the semiconductor company's stock worth $4,740,000 after purchasing an additional 286 shares during the last quarter. Finally, Simplicity Wealth LLC acquired a new position in shares of ASML during the 4th quarter worth about $245,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently weighed in on ASML. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target for the company. JPMorgan Chase & Co. reduced their price target 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. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Sanford C. Bernstein reduced their price target 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. Finally, Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $937.00.
Read Our Latest Stock Analysis on ASML
ASML Stock Up 1.0 %
ASML stock opened at $690.21 on Wednesday. The firm has a 50-day moving average of $732.93 and a two-hundred day moving average of $742.65. The company has a market cap of $271.54 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.62 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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, analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is currently 31.35%.
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.
Further Reading
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASML - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ASML, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.
While ASML currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
