Evergreen Capital Management LLC Acquires 2,094 Shares of ASML Holding (NASDAQ:ASML)

Evergreen Capital Management LLC increased its stake in shares of ASML Holding (NASDAQ:ASML) by 25.1% during the fourth quarter, HoldingsChannel reports. The fund owned 10,428 shares of the semiconductor company’s stock after acquiring an additional 2,094 shares during the quarter. Evergreen Capital Management LLC’s holdings in ASML were worth $7,227,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Carnegie Investment Counsel grew its position in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in ASML during the fourth quarter worth about $1,174,000. Foundations Investment Advisors LLC increased its stake in ASML by 36.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after acquiring an additional 7,073 shares during the period. Fifth Third Bancorp raised its holdings in ASML by 12.2% in the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock valued at $6,764,000 after acquiring an additional 1,062 shares in the last quarter. Finally, Alpha Cubed Investments LLC lifted its position in shares of ASML by 33.9% in the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company’s stock worth $56,530,000 after acquiring an additional 20,651 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the topic of a number of research reports. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Down 7.1 %

Shares of NASDAQ ASML opened at $634.93 on Thursday. The business has a fifty day moving average of $701.85 and a two-hundred day moving average of $716.06. 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 52-week low of $578.51 and a 52-week high of $1,110.09. The stock has a market cap of $249.80 billion, a PE ratio of 30.53, a PEG ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML) last released its quarterly earnings results 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, equities research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s payout ratio is presently 31.35%.

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.