Rede Wealth LLC Boosts Holdings in ASML Holding (NASDAQ:ASML)

Rede Wealth LLC raised its holdings in ASML Holding (NASDAQ:ASML) by 74.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 495 shares of the semiconductor company’s stock after acquiring an additional 211 shares during the period. Rede Wealth LLC’s holdings in ASML were worth $343,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after acquiring an additional 491,096 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in shares of ASML during the 3rd quarter worth about $125,952,000. SG Americas Securities LLC boosted its stake in shares of ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after acquiring an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC boosted its stake in shares of ASML by 97,001.7% during the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after acquiring an additional 113,492 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ASML shares. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. 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 note on Monday, January 13th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. decreased 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 note on Thursday, January 30th. Finally, Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Down 1.5 %

ASML stock opened at $727.70 on Friday. The company has a market cap of $286.29 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.63 and a beta of 1.47. 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 Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The firm has a 50-day moving average of $725.13 and a two-hundred day moving average of $767.97.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. As a group, analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. The ex-dividend date is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 26.83%.

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.