Ted Buchan & Co Boosts Stock Holdings in ASML Holding (NASDAQ:ASML)

Ted Buchan & Co increased its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 25.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,249 shares of the semiconductor company's stock after purchasing an additional 852 shares during the period. ASML accounts for 1.4% of Ted Buchan & Co's holdings, making the stock its 19th biggest holding. Ted Buchan & Co's holdings in ASML were worth $2,945,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. lifted its position in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after buying an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC raised its holdings in shares of ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock worth $2,223,000 after acquiring an additional 14 shares in the last quarter. Trust Point Inc. boosted its position in shares of ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after acquiring an additional 14 shares during the last quarter. Sunpointe LLC grew its holdings in shares of ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock valued at $772,000 after purchasing an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC increased its position in ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after purchasing an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

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ASML Trading Up 4.6 %

Shares of ASML traded up $27.48 during mid-day trading on Wednesday, reaching $622.85. 1,179,937 shares of the company's stock traded hands, compared to its average volume of 1,596,166. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock's 50-day moving average is $711.14 and its two-hundred day moving average is $722.20. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The stock has a market cap of $245.04 billion, a P/E 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 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%. Research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

Wall Street Analyst Weigh In

Several research firms have commented on ASML. JPMorgan Chase & Co. lowered 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 report on Thursday, January 30th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $937.00.

ASML Company 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.