Axxcess Wealth Management LLC Reduces Position in ASML Holding (NASDAQ:ASML)

Axxcess Wealth Management LLC reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 82.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,416 shares of the semiconductor company’s stock after selling 6,695 shares during the period. Axxcess Wealth Management LLC’s holdings in ASML were worth $982,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Carnegie Investment Counsel grew its holdings in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after buying an additional 868 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in ASML during the fourth quarter worth about $1,174,000. State Street Corp raised its stake in ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after purchasing an additional 7,010 shares during the period. Foundations Investment Advisors LLC boosted its holdings in ASML by 36.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after purchasing an additional 7,073 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of ASML by 104.4% in the 3rd quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after buying an additional 3,580 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ASML shares. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company raised 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. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Down 0.1 %

NASDAQ ASML opened at $734.06 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market cap of $288.80 billion, a price-to-earnings ratio of 35.29, a PEG ratio of 1.62 and a beta of 1.54. The firm has a 50 day simple moving average of $731.34 and a 200-day simple moving average of $736.43. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last issued 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 net margin of 26.78% and a return on equity of 47.73%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal 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 given a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) 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.