Bank Julius Baer & Co. Ltd Zurich Takes $501,000 Position in ASML Holding (NASDAQ:ASML)

Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 655 shares of the semiconductor company’s stock, valued at approximately $501,000.

Several other hedge funds have also added to or reduced their stakes in ASML. Kennebec Savings Bank boosted its holdings in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML in the fourth quarter valued at approximately $31,000. Brooklyn Investment Group bought a new stake in shares of ASML in the third quarter valued at approximately $43,000. Itau Unibanco Holding S.A. acquired a new stake in ASML during the third quarter worth approximately $43,000. Finally, Legacy Investment Solutions LLC bought a new position in ASML during the 3rd quarter worth $44,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ ASML opened at $683.11 on Tuesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock has a market cap of $268.75 billion, a PE ratio of 32.84, a PEG ratio of 1.62 and a beta of 1.54. 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’s fifty day moving average price is $732.99 and its two-hundred day moving average price is $744.18.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a dividend of $1.5855 per share. 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 (DPR) is currently 31.35%.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent analyst reports. 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 report on Friday, November 29th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $937.00.

About ASML

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.