1,394 Shares in ASML Holding (NASDAQ:ASML) Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,394 shares of the semiconductor company’s stock, valued at approximately $966,000.

Several other hedge funds have also added to or reduced their stakes in ASML. Kennebec Savings Bank increased its stake in shares of ASML by 227.3% during the 4th 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 last quarter. Wellington Shields & Co. LLC lifted its holdings in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML during the fourth quarter worth about $31,000. Albion Financial Group UT increased its stake in shares of ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC bought a new stake in shares of ASML in the fourth quarter valued at approximately $39,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 3.0 %

Shares of ASML stock opened at $668.81 on Monday. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The business’s fifty day moving average is $706.22 and its 200 day moving average is $718.04. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a market capitalization of $263.12 billion, a PE ratio of 32.15, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio is presently 31.35%.

Analysts Set New Price Targets

ASML has been the subject of several analyst reports. Wells Fargo & Company raised 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. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $937.00.

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.