Wealthspire Advisors LLC Has $414,000 Stake in ASML Holding (NASDAQ:ASML)

Wealthspire Advisors LLC decreased its position in ASML Holding (NASDAQ:ASML) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 597 shares of the semiconductor company’s stock after selling 47 shares during the period. Wealthspire Advisors LLC’s holdings in ASML were worth $414,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Carnegie Investment Counsel lifted its holdings in 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 buying an additional 868 shares during the period. Central Pacific Bank Trust Division acquired a new position in ASML in the fourth quarter valued at $1,174,000. Taurus Asset Management LLC acquired a new position in ASML in the third quarter valued at $16,994,000. State Street Corp increased its stake in 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 in the last quarter. Finally, Stockman Wealth Management Inc. increased its stake in 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 in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ASML shares. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Up 2.3 %

NASDAQ:ASML opened at $746.93 on Thursday. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a market cap of $293.86 billion, a PE ratio of 35.91, a PEG ratio of 1.62 and a beta of 1.47. The firm has a 50-day moving average of $733.34 and a 200-day moving average of $756.28. 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 (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates 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 expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. 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 is 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.