Inspire Advisors LLC Lowers Stake in ASML Holding (NASDAQ:ASML)

Inspire Advisors LLC lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 47.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 791 shares of the semiconductor company’s stock after selling 710 shares during the period. Inspire Advisors LLC’s holdings in ASML were worth $548,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ASML. Kennebec Savings Bank boosted its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT boosted its position in ASML by 133.3% in the 4th 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 period. Roxbury Financial LLC purchased a new position in ASML in the 4th quarter valued at approximately $39,000. Finally, Caitlin John LLC boosted its position in ASML by 78.1% in the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 25 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $690.21 on Wednesday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm’s fifty day simple moving average is $732.93 and its 200-day simple moving average is $742.65. The firm has a market capitalization of $271.54 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.62 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced 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 return on equity of 47.73% and a net margin of 26.78%. Equities analysts forecast 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. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is currently 31.35%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. 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 report on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research 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, 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 report on Friday, November 29th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.