Old West Investment Management LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,250 shares of the semiconductor company's stock, valued at approximately $866,000.
Other large investors also recently bought and sold shares of the company. Kennebec Savings Bank boosted its position in ASML by 227.3% in the fourth 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 last quarter. Wellington Shields & Co. LLC grew its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in ASML during the fourth quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new position in ASML in the third quarter worth approximately $44,000. Finally, Albion Financial Group UT boosted its stake in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 32 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on ASML shares. Wells Fargo & Company raised their target price on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their price objective on 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. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.
Read Our Latest Report on ASML
ASML Price Performance
ASML traded up $27.48 on Wednesday, hitting $622.85. 1,179,937 shares of the company's stock traded hands, compared to its average volume of 1,596,166. The company's 50 day simple moving average is $711.14 and its 200-day simple moving average is $722.20. 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 one year low of $578.51 and a one year high of $1,110.09. The firm has a market cap of $245.04 billion, a price-to-earnings ratio of 29.85, a P/E/G ratio of 1.62 and a beta of 1.67.
ASML (NASDAQ:ASML - Get Free Report) last released its 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 return on equity of 47.73% and a net margin of 26.78%. As a group, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.
ASML Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be given a $1.5855 dividend. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML's payout ratio is currently 31.35%.
ASML Company Profile
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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.
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