ASML Holding (NASDAQ:ASML) Shares Purchased by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. grew its stake in shares of ASML Holding (NASDAQ:ASML) by 188.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,669 shares of the semiconductor company’s stock after purchasing an additional 1,744 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in ASML were worth $1,850,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Fisher Asset Management LLC raised its stake in shares of ASML by 1.0% during the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC raised its stake in shares of ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares in the last quarter. Windacre Partnership LLC grew its holdings in ASML by 4.0% during the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after acquiring an additional 25,600 shares during the period. Finally, International Assets Investment Management LLC raised its position in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after acquiring an additional 491,096 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.5 %

ASML stock opened at $727.70 on Friday. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock has a market capitalization of $286.29 billion, a P/E ratio of 34.99, a PEG ratio of 1.63 and a beta of 1.47. The company has a 50 day moving average price of $725.13 and a two-hundred day moving average price of $767.97. 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 (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, sell-side analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be paid a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s payout ratio is currently 26.83%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

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.