EverSource Wealth Advisors LLC Increases Stake in ASML Holding (NASDAQ:ASML)

EverSource Wealth Advisors LLC grew its stake in ASML Holding (NASDAQ:ASML) by 1,328.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,456 shares of the semiconductor company’s stock after purchasing an additional 6,934 shares during the period. EverSource Wealth Advisors LLC’s holdings in ASML were worth $5,168,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in 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 grew its position in shares of ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares during the period. Van ECK Associates Corp increased its stake in shares of 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 purchasing an additional 31,231 shares in the last quarter. Windacre Partnership LLC raised its holdings in ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the period. Finally, Citigroup Inc. grew its holdings in ASML by 14.2% in the third quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock valued at $335,598,000 after purchasing an additional 50,115 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein reduced their price objective 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, 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 report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Performance

NASDAQ:ASML opened at $690.21 on Wednesday. The company’s 50-day moving average is $732.93 and its two-hundred day moving average is $742.65. The firm has a market capitalization of $271.54 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date 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.