Verdence Capital Advisors LLC raised its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 59.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,518 shares of the semiconductor company's stock after buying an additional 941 shares during the quarter. Verdence Capital Advisors LLC's holdings in ASML were worth $1,906,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Carmel Capital Partners LLC increased its holdings in ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company's stock worth $26,000 after buying an additional 30 shares during the period. Addison Advisors LLC grew its stake in shares of ASML by 220.0% during the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 33 shares during the period. Creative Financial Designs Inc. ADV grew its stake in shares of ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 15 shares during the period. Catalyst Capital Advisors LLC grew its stake in shares of ASML by 35.4% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 17 shares during the period. Finally, Cornerstone Planning Group LLC acquired a new stake in ASML in the 2nd quarter valued at $39,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Redburn Atlantic raised shares of ASML from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 20th. Susquehanna raised their price objective on ASML from $830.00 to $1,100.00 and gave the company a "positive" rating in a report on Friday, January 26th. Wells Fargo & Company raised their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an "overweight" rating in a report on Tuesday, April 2nd. Evercore ISI started coverage on ASML in a report on Tuesday, April 16th. They issued an "outperform" rating on the stock. Finally, Kepler Capital Markets upgraded ASML from a "hold" rating to a "buy" rating in a report on Monday, January 8th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,036.00.
Check Out Our Latest Stock Report on ASML
ASML Trading Down 3.3 %
NASDAQ ASML traded down $29.49 during trading on Friday, hitting $859.54. The stock had a trading volume of 2,486,841 shares, compared to its average volume of 1,050,484. The company has a market capitalization of $339.17 billion, a PE ratio of 43.90, a PEG ratio of 2.11 and a beta of 1.48. The company has a quick ratio of 0.96, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average price of $958.18 and a 200 day moving average price of $796.71. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34.
ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. As a group, equities research analysts forecast that ASML Holding will post 20.31 earnings per share for the current year.
ASML Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Friday, April 26th. ASML's dividend payout ratio is presently 27.02%.
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.
See Also
Before you consider ASML, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.
While ASML currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
