ASML Holding (NASDAQ:ASML) is Account Management LLC’s 4th Largest Position

Account Management LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 51.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,750 shares of the semiconductor company’s stock after purchasing an additional 2,978 shares during the quarter. ASML comprises approximately 7.1% of Account Management LLC’s holdings, making the stock its 4th largest holding. Account Management LLC’s holdings in ASML were worth $6,064,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Counselors Inc. raised its stake in shares of ASML by 148.1% in the 4th quarter. Financial Counselors Inc. now owns 16,432 shares of the semiconductor company’s stock worth $11,389,000 after buying an additional 9,810 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in ASML during the fourth quarter worth approximately $1,044,000. Wambolt & Associates LLC acquired a new stake in shares of ASML in the fourth quarter valued at about $353,000. Zions Bancorporation N.A. lifted its holdings in shares of ASML by 37.0% during the fourth quarter. Zions Bancorporation N.A. now owns 9,168 shares of the semiconductor company’s stock worth $6,354,000 after buying an additional 2,478 shares during the last quarter. Finally, TIAA Trust National Association lifted its stake in shares of ASML by 1,893.7% in the fourth quarter. TIAA Trust National Association now owns 26,377 shares of the semiconductor company’s stock valued at $18,281,000 after buying an additional 25,054 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASML has been the topic of a number of research reports. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. lowered their target price on 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. 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. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Price Performance

ASML opened at $726.74 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $730.70 and a two-hundred day simple moving average of $733.15. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a market cap of $285.92 billion, a price-to-earnings ratio of 34.94, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last posted its earnings results 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 net margin of 26.78% and a return on equity of 47.73%. Research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued 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 payout ratio is 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.