Strategic Financial Concepts LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 48,589 shares of the semiconductor company's stock, valued at approximately $337,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of ASML. Fairway Wealth LLC purchased a new stake in ASML during the 3rd quarter valued at $25,000. Kennebec Savings Bank raised its holdings in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new stake in ASML during the 3rd quarter valued at $28,000. Fortitude Family Office LLC raised its holdings in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock valued at $39,000 after buying an additional 15 shares during the period. Finally, Albion Financial Group UT increased its stake 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 purchasing an additional 32 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued 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. JPMorgan Chase & Co. reduced their target price 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. 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. 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 note 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus price target of $937.00.
Check Out Our Latest Research Report on ASML
ASML Stock Down 0.8 %
Shares of ASML traded down $6.08 during midday trading on Friday, reaching $737.01. 1,471,505 shares of the stock were exchanged, compared to its average volume of 1,797,356. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. 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's 50 day moving average is $732.25 and its two-hundred day moving average is $759.97. The company has a market capitalization of $289.96 billion, a P/E ratio of 35.43, a PEG ratio of 1.64 and a beta of 1.47.
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 for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, 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 disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is presently 31.35%.
ASML Company Profile
(
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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