ASML Holding (NASDAQ:ASML) Position Boosted by Cromwell Holdings LLC

Cromwell Holdings LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 11.4% during the fourth quarter, Holdings Channel reports. The firm owned 800 shares of the semiconductor company’s stock after purchasing an additional 82 shares during the period. Cromwell Holdings LLC’s holdings in ASML were worth $554,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Mattern Capital Management LLC bought a new position in shares of ASML in the fourth quarter valued at $419,000. Concurrent Investment Advisors LLC raised its position in shares of ASML by 147.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 3,122 shares of the semiconductor company’s stock worth $2,164,000 after purchasing an additional 1,860 shares during the period. Advyzon Investment Management LLC acquired a new stake in shares of ASML during the fourth quarter worth $292,000. WealthBridge Capital Management LLC lifted its holdings in shares of ASML by 34.9% during the fourth quarter. WealthBridge Capital Management LLC now owns 383 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 99 shares during the last quarter. Finally, Sunpointe LLC boosted its position in shares of ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after purchasing an additional 14 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ASML shares. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. JPMorgan Chase & Co. cut their target price 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, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Down 0.2 %

ASML stock opened at $743.09 on Friday. The company has a 50 day moving average of $732.25 and a two-hundred day moving average of $759.97. The company has a market cap of $292.35 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.64 and a beta of 1.47. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, equities analysts anticipate 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 was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued 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 payout ratio is currently 25.67%.

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.