Autumn Glory Partners LLC raised its position in shares of ASML Holding (NASDAQ:ASML – Free Report) by 182.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,147 shares of the semiconductor company’s stock after acquiring an additional 741 shares during the quarter. Autumn Glory Partners LLC’s holdings in ASML were worth $795,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in ASML. Carnegie Investment Counsel increased its holdings in shares of ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of ASML in the fourth quarter valued at approximately $1,174,000. Taurus Asset Management LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $16,994,000. State Street Corp increased its holdings in shares of ASML by 5.2% in the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after purchasing an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. increased its holdings in shares of ASML by 7.2% in the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after purchasing an additional 1,032 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. JPMorgan Chase & Co. cut their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Three 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 company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.
ASML Trading Down 3.3 %
ASML opened at $751.55 on Friday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The business has a fifty day simple moving average of $728.51 and a 200-day simple moving average of $764.31. The firm has a market cap of $295.67 billion, a P/E ratio of 36.13, a P/E/G ratio of 1.63 and a beta of 1.47. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, equities analysts expect that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The company also recently declared a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be given a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is currently 26.83%.
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.
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