SRS Capital Advisors Inc. Acquires 1,497 Shares of ASML Holding (NASDAQ:ASML)

SRS Capital Advisors Inc. lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 148.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,506 shares of the semiconductor company’s stock after purchasing an additional 1,497 shares during the period. SRS Capital Advisors Inc.’s holdings in ASML were worth $1,737,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Fairway Wealth LLC bought a new stake in shares of ASML during the third quarter valued at about $25,000. Kennebec Savings Bank increased its stake in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares during the last quarter. Milestone Investment Advisors LLC purchased a new stake in ASML in the third quarter worth approximately $28,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML in the 4th quarter valued at $31,000. Finally, Albion Financial Group UT grew its stake in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 32 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 1.6 %

ASML opened at $708.71 on Friday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average of $733.15 and a 200 day moving average of $754.07. The firm has a market cap of $278.82 billion, a P/E ratio of 34.07, a P/E/G ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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, research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.

Analyst Ratings Changes

Several equities analysts have recently commented on ASML shares. Sanford C. Bernstein lowered their price objective 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. 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. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

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.