LM Advisors LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML – Free Report) by 270.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,083 shares of the semiconductor company’s stock after acquiring an additional 791 shares during the quarter. LM Advisors LLC’s holdings in ASML were worth $751,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Carnegie Investment Counsel increased its stake in shares of ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of ASML during the 4th quarter worth about $1,174,000. State Street Corp boosted its holdings in ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after buying an additional 7,010 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock worth $18,243,000 after buying an additional 7,073 shares during the period. Finally, Fifth Third Bancorp increased its holdings in ASML by 12.2% in the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock worth $6,764,000 after buying an additional 1,062 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Trading Down 2.9 %
Shares of ASML opened at $705.76 on Thursday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm has a market capitalization of $277.66 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 1.62 and a beta of 1.54. The firm’s 50-day moving average price is $730.29 and its 200-day moving average price is $732.96. 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 Increases Dividend
The company 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 (DPR) is presently 31.35%.
Analyst Ratings Changes
A number of research analysts have recently issued reports on ASML shares. Sanford C. Bernstein cut their target price 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. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Two 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.
View Our Latest Analysis on ASML
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.
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