ASML Holding (NASDAQ:ASML) Shares Sold by WESPAC Advisors SoCal LLC

WESPAC Advisors SoCal LLC reduced its holdings in ASML Holding (NASDAQ:ASML) by 35.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,557 shares of the semiconductor company’s stock after selling 4,157 shares during the quarter. ASML makes up 1.2% of WESPAC Advisors SoCal LLC’s portfolio, making the stock its 29th biggest holding. WESPAC Advisors SoCal LLC’s holdings in ASML were worth $5,238,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in ASML in the third quarter valued at $25,000. Kennebec Savings Bank increased its stake 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. Milestone Investment Advisors LLC acquired a new position in ASML in the third quarter valued at $28,000. Fortitude Family Office LLC increased its stake in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. 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 valued at $39,000 after purchasing an additional 32 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on ASML. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Finally, Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Price Performance

Shares of NASDAQ ASML opened at $731.05 on Tuesday. The company has a market capitalization of $287.61 billion, a price-to-earnings ratio of 35.15, a PEG ratio of 1.62 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. 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 business has a 50-day moving average of $719.37 and a 200-day moving average of $772.37.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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, equities analysts anticipate that ASML Holding will post 25.31 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 25.91%.

About ASML

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.