Traveka Wealth LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

Traveka Wealth LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 20.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 891 shares of the semiconductor company’s stock after buying an additional 151 shares during the quarter. Traveka Wealth LLC’s holdings in ASML were worth $618,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new position in shares of ASML during the 3rd quarter worth about $25,000. Resources Management Corp CT ADV acquired a new position in ASML during the second quarter worth approximately $26,000. Milestone Investment Advisors LLC purchased a new position in ASML during the third quarter worth approximately $28,000. Fortitude Family Office LLC boosted its holdings in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of ASML during the 3rd quarter valued at $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on ASML shares. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Sanford C. Bernstein cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Down 1.6 %

Shares of ASML stock opened at $727.41 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The business has a 50-day moving average of $701.02 and a 200-day moving average of $803.87. The company has a market capitalization of $286.18 billion, a PE ratio of 38.08, a P/E/G ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, equities analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were paid a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.77%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

ASML 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.