Transcend Capital Advisors LLC Increases Holdings in ASML Holding (NASDAQ:ASML)

Transcend Capital Advisors LLC increased its position in ASML Holding (NASDAQ:ASML) by 32.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,212 shares of the semiconductor company’s stock after acquiring an additional 542 shares during the period. Transcend Capital Advisors LLC’s holdings in ASML were worth $1,533,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ASML. Fisher Asset Management LLC increased its position in shares of ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after buying an additional 31,879 shares in the last quarter. Edgewood Management LLC boosted its position in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares in the last quarter. Van ECK Associates Corp grew its stake in ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after acquiring an additional 31,231 shares during the last quarter. Windacre Partnership LLC increased its holdings in ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares in the last quarter. Finally, Citigroup Inc. raised its position in ASML by 14.2% during the third quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock worth $335,598,000 after acquiring an additional 50,115 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on ASML. Sanford C. Bernstein lowered their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. BNP Paribas initiated 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. decreased their price objective 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. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Performance

ASML stock opened at $737.01 on Friday. The stock has a fifty day moving average price of $732.62 and a 200 day moving average price of $759.39. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm 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. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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%. Equities research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid 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 currently 31.35%.

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.