Jacobi Capital Management LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

Jacobi Capital Management LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 57.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,711 shares of the semiconductor company’s stock after acquiring an additional 623 shares during the quarter. Jacobi Capital Management LLC’s holdings in ASML were worth $1,186,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ASML. Mutual Advisors LLC boosted its holdings in ASML by 91.3% during the 3rd quarter. Mutual Advisors LLC now owns 1,626 shares of the semiconductor company’s stock valued at $1,355,000 after acquiring an additional 776 shares during the period. Hills Bank & Trust Co boosted its holdings in ASML by 50.6% during the 3rd quarter. Hills Bank & Trust Co now owns 723 shares of the semiconductor company’s stock valued at $602,000 after acquiring an additional 243 shares during the period. Ace Management Global Ltd. purchased a new position in ASML during the 3rd quarter valued at $20,200,000. Weatherly Asset Management L. P. raised its position in ASML by 8.7% during the 3rd quarter. Weatherly Asset Management L. P. now owns 11,496 shares of the semiconductor company’s stock valued at $9,579,000 after purchasing an additional 920 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after purchasing an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. JPMorgan Chase & Co. decreased their target price on 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. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. 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. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Up 1.6 %

ASML opened at $708.71 on Friday. The firm has a market cap of $278.82 billion, a price-to-earnings ratio of 34.07, a PEG ratio of 1.62 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 Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a fifty day moving average price of $733.15 and a 200-day moving average price of $754.07.

ASML (NASDAQ:ASML) 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%. As a group, equities research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were 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 was Tuesday, February 11th. ASML’s dividend payout ratio is currently 31.35%.

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.