Rockefeller Capital Management L.P. Purchases 58,028 Shares of ASML Holding (NASDAQ:ASML)

Rockefeller Capital Management L.P. boosted its position in ASML Holding (NASDAQ:ASML - Free Report) by 212.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,338 shares of the semiconductor company's stock after acquiring an additional 58,028 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in ASML were worth $59,200,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ASML. Kennebec Savings Bank raised its position in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC raised its holdings in ASML by 740.0% in the 4th 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 last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT grew its holdings in 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. Finally, Roxbury Financial LLC acquired a new position in ASML in the 4th quarter valued at approximately $39,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Two investment 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $937.00.

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ASML Trading Up 1.5 %

Shares of ASML stock traded up $10.29 on Tuesday, hitting $683.16. 2,095,934 shares of the company's stock traded hands, compared to its average volume of 1,630,186. The company has a fifty day moving average of $704.82 and a two-hundred day moving average of $716.86. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a market capitalization of $268.77 billion, a price-to-earnings ratio of 32.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

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

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio is currently 31.35%.

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.