Zevenbergen Capital Investments LLC Has $9.82 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Zevenbergen Capital Investments LLC reduced its position in ASML Holding (NASDAQ:ASML) by 82.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,174 shares of the semiconductor company’s stock after selling 65,863 shares during the period. Zevenbergen Capital Investments LLC’s holdings in ASML were worth $9,824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank increased its position in ASML by 227.3% in the fourth 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. Wellington Shields & Co. LLC grew its position in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the fourth quarter worth approximately $31,000. Albion Financial Group UT lifted its holdings in ASML by 133.3% in the fourth 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. Finally, Roxbury Financial LLC bought a new position in ASML in the fourth quarter valued at approximately $39,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on ASML. JPMorgan Chase & Co. decreased their target price on 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 began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Performance

NASDAQ:ASML opened at $716.22 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a market cap of $281.78 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 1.62 and a beta of 1.54. The stock has a fifty day moving average price of $730.88 and a 200-day moving average price of $733.81.

ASML (NASDAQ:ASML) last released its 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 net margin of 26.78% and a return on equity of 47.73%. As a group, equities analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. 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 presently 31.35%.

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.