InterOcean Capital Group LLC Has $27.86 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

InterOcean Capital Group LLC increased its position in ASML Holding (NASDAQ:ASML - Free Report) by 29.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,809 shares of the semiconductor company's stock after purchasing an additional 8,470 shares during the quarter. InterOcean Capital Group LLC's holdings in ASML were worth $27,861,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp increased its holdings in ASML by 34.6% in the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company's stock valued at $628,344,000 after purchasing an additional 274,562 shares during the last quarter. International Assets Investment Management LLC boosted its stake in ASML by 48,040.7% during the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company's stock worth $186,202,000 after acquiring an additional 245,488 shares during the last quarter. Barclays PLC grew its holdings in ASML by 106.5% during the third quarter. Barclays PLC now owns 336,956 shares of the semiconductor company's stock valued at $198,353,000 after purchasing an additional 173,813 shares during the period. Jennison Associates LLC raised its holdings in ASML by 15.3% in the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company's stock worth $867,549,000 after purchasing an additional 151,844 shares during the period. Finally, FMR LLC boosted its position in shares of ASML by 3.6% during the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company's stock worth $2,123,710,000 after purchasing an additional 126,413 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

ASML traded down $14.17 on Tuesday, reaching $925.27. The company had a trading volume of 746,357 shares, compared to its average volume of 1,162,611. The stock has a market cap of $365.10 billion, a P/E ratio of 47.98, a P/E/G ratio of 2.31 and a beta of 1.49. The company's fifty day moving average is $938.87 and its 200 day moving average is $842.43. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping analysts' consensus estimates of $2.84 by $0.54. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, analysts predict that ASML Holding will post 20.04 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.58%. ASML's dividend payout ratio is currently 32.53%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ASML shares. Raymond James lifted their target price on ASML from $850.00 to $1,000.00 and gave the stock a "strong-buy" rating in a report on Thursday, January 25th. Wells Fargo & Company raised their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an "overweight" rating in a report on Tuesday, April 2nd. Redburn Atlantic upgraded shares of ASML from a "sell" rating to a "neutral" rating in a report on Tuesday, February 20th. Evercore ISI initiated coverage on shares of ASML in a report on Tuesday, April 16th. They set an "outperform" rating on the stock. Finally, Sanford C. Bernstein dropped their price target on ASML from $1,072.00 to $1,052.00 and set an "outperform" rating on the stock in a research note on Friday, April 12th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,036.00.

About ASML

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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