Eagle Bay Advisors LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

Eagle Bay Advisors LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 24.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 137 shares of the semiconductor company’s stock after purchasing an additional 27 shares during the quarter. Eagle Bay Advisors LLC’s holdings in ASML were worth $95,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Resources Management Corp CT ADV purchased a new stake in shares of ASML during the second quarter worth about $26,000. Fairway Wealth LLC purchased a new stake in ASML in the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML during the 3rd quarter worth $28,000. Fortitude Family Office LLC boosted its stake in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of ASML during the 3rd quarter valued at $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Stock Down 1.6 %

ASML stock opened at $727.41 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of $701.02 and a 200-day simple moving average of $803.87. The company has a market capitalization of $286.18 billion, a P/E ratio of 38.08, a PEG ratio of 2.07 and a beta of 1.47. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities research analysts predict that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.77%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is currently 29.21%.

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.