Westover Capital Advisors LLC Sells 33 Shares of ASML Holding (NASDAQ:ASML)

Westover Capital Advisors LLC trimmed its stake in ASML Holding (NASDAQ:ASML) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,351 shares of the semiconductor company’s stock after selling 33 shares during the quarter. Westover Capital Advisors LLC’s holdings in ASML were worth $1,629,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Exencial Wealth Advisors LLC boosted its holdings in ASML by 1.4% in the fourth quarter. Exencial Wealth Advisors LLC now owns 15,856 shares of the semiconductor company’s stock worth $10,989,000 after acquiring an additional 223 shares in the last quarter. Alta Capital Management LLC bought a new stake in ASML in the fourth quarter worth $31,798,000. Charles Schwab Investment Management Inc. boosted its holdings in ASML by 8.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 53,827 shares of the semiconductor company’s stock worth $37,306,000 after acquiring an additional 4,355 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in ASML by 12.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,228 shares of the semiconductor company’s stock worth $6,396,000 after acquiring an additional 1,054 shares in the last quarter. Finally, Schechter Investment Advisors LLC lifted its holdings in shares of ASML by 6.0% during the fourth quarter. Schechter Investment Advisors LLC now owns 3,841 shares of the semiconductor company’s stock valued at $2,662,000 after purchasing an additional 216 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 1.3 %

ASML stock opened at $699.86 on Tuesday. The stock has a market cap of $275.34 billion, a PE ratio of 33.65, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. 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 Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock has a fifty day moving average of $732.73 and a 200 day moving average of $751.58.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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 predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio is presently 31.35%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ASML. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Finally, Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Company 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.