Gerber Kawasaki Wealth & Investment Management Sells 779 Shares of ASML Holding (NASDAQ:ASML)

Gerber Kawasaki Wealth & Investment Management decreased its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 23.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,580 shares of the semiconductor company's stock after selling 779 shares during the quarter. Gerber Kawasaki Wealth & Investment Management's holdings in ASML were worth $1,788,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Morse Asset Management Inc bought a new stake in shares of ASML during the 3rd quarter valued at $52,000. Advisory Resource Group lifted its holdings in shares of ASML by 21.7% in the third quarter. Advisory Resource Group now owns 1,191 shares of the semiconductor company's stock worth $992,000 after buying an additional 212 shares in the last quarter. Chelsea Counsel Co. purchased a new stake in shares of ASML in the third quarter worth about $417,000. Anchor Investment Management LLC boosted its position in shares of ASML by 12.6% in the third quarter. Anchor Investment Management LLC now owns 1,375 shares of the semiconductor company's stock valued at $1,146,000 after acquiring an additional 154 shares during the period. Finally, Stock Yards Bank & Trust Co. grew its stake in ASML by 9.7% during the third quarter. Stock Yards Bank & Trust Co. now owns 21,599 shares of the semiconductor company's stock valued at $17,997,000 after acquiring an additional 1,914 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ASML. JPMorgan Chase & Co. cut their price target 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. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wells Fargo & Company lowered their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Susquehanna decreased their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Price Performance

Shares of ASML traded up $1.97 during midday trading on Wednesday, reaching $668.08. The stock had a trading volume of 1,033,028 shares, compared to its average volume of 1,070,467. The company has a market capitalization of $262.84 billion, a price-to-earnings ratio of 32.12, a price-to-earnings-growth 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 Holding has a 12-month low of $651.58 and a 12-month high of $673.54. The company's 50-day moving average is $684.40 and its 200 day moving average is $704.21.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. On average, equities analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Dividend Announcement

The business also recently announced 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 0.98%. The ex-dividend date of this dividend is Monday, April 28th. ASML's dividend payout ratio (DPR) is presently 27.48%.

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.