Meitav Investment House Ltd. Sells 1,091 Shares of ASML Holding (NASDAQ:ASML)

Meitav Investment House Ltd. lessened its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 43.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,441 shares of the semiconductor company's stock after selling 1,091 shares during the quarter. Meitav Investment House Ltd.'s holdings in ASML were worth $999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Fairway Wealth LLC bought a new stake in ASML in the third quarter worth about $25,000. Kennebec Savings Bank raised its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new position in ASML in the third quarter valued at approximately $28,000. Fortitude Family Office LLC grew its holdings in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 15 shares during the period. Finally, Albion Financial Group UT increased its position in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after buying an additional 32 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML stock traded down $6.08 during trading on Friday, hitting $737.01. The stock had a trading volume of 1,241,268 shares, compared to its average volume of 1,785,118. 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. The firm has a market cap of $289.96 billion, a price-to-earnings ratio of 35.43, a P/E/G ratio of 1.64 and a beta of 1.47. The business's 50-day moving average is $732.25 and its 200 day moving average is $759.97.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results 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, sell-side analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ASML. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. JPMorgan Chase & Co. reduced 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 note on Thursday, January 30th. Finally, Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. Two equities research 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 stock. Based on data from MarketBeat, the company has a consensus 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.