ASML Holding (NASDAQ:ASML) Shares Purchased by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. increased its stake in shares of ASML Holding (NASDAQ:ASML) by 132.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,893 shares of the semiconductor company’s stock after acquiring an additional 1,078 shares during the period. Prosperity Wealth Management Inc.’s holdings in ASML were worth $1,312,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ASML. Steigerwald Gordon & Koch Inc. raised its position in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC raised its position in shares of ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after acquiring an additional 14 shares in the last quarter. Trust Point Inc. raised its position in shares of ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after acquiring an additional 14 shares in the last quarter. Sunpointe LLC raised its position in shares of ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after acquiring an additional 14 shares in the last quarter. Finally, Family Capital Management Inc. raised its position in shares of ASML by 1.7% during the 3rd quarter. Family Capital Management Inc. now owns 909 shares of the semiconductor company’s stock valued at $757,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 1.0 %

NASDAQ:ASML opened at $690.21 on Wednesday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock has a market cap of $271.54 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.62 and a beta of 1.54. The business has a fifty day moving average of $732.93 and a 200-day moving average of $742.65. 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 announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.