DE Burlo Group Inc. cut its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 9.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 21,095 shares of the semiconductor company's stock after selling 2,250 shares during the period. ASML makes up approximately 2.0% of DE Burlo Group Inc.'s holdings, making the stock its 24th largest holding. DE Burlo Group Inc.'s holdings in ASML were worth $14,621,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Steigerwald Gordon & Koch Inc. raised its position in shares of ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC raised its holdings in ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after acquiring an additional 14 shares in the last quarter. Trust Point Inc. boosted its stake in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after acquiring an additional 14 shares during the last quarter. Sunpointe LLC grew its holdings in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after acquiring an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC increased its position in shares of ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after purchasing an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on ASML. Wells Fargo & Company reduced their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. decreased 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 analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $906.00.
Read Our Latest Stock Analysis on ASML
ASML Stock Performance
NASDAQ:ASML traded down $5.80 during mid-day trading on Wednesday, hitting $660.31. The stock had a trading volume of 546,699 shares, compared to its average volume of 1,636,273. The company has a 50 day simple moving average of $684.40 and a 200-day simple moving average of $704.21. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The stock has a market capitalization of $259.78 billion, a price-to-earnings ratio of 31.75, a P/E/G ratio of 1.62 and a beta of 1.67. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.
ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.
ASML Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.6414 dividend. This represents a $6.57 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, April 28th. ASML's dividend payout ratio is currently 27.48%.
About ASML
(
Free Report)
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.
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