Rovida Advisors Inc. Decreases Position in ASML Holding (NASDAQ:ASML)

Rovida Advisors Inc. reduced its holdings in shares of ASML Holding (NASDAQ:ASML) by 30.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,750 shares of the semiconductor company’s stock after selling 3,750 shares during the quarter. ASML accounts for about 4.7% of Rovida Advisors Inc.’s holdings, making the stock its 8th biggest holding. Rovida Advisors Inc.’s holdings in ASML were worth $6,060,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ASML. Steigerwald Gordon & Koch Inc. boosted its stake in shares of ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its position in ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after buying an additional 14 shares in the last quarter. Trust Point Inc. grew its stake in shares of ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after buying an additional 14 shares during the last quarter. Sunpointe LLC increased its holdings in shares of ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after buying an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC lifted its stake in shares of ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 0.2 %

ASML stock opened at $726.74 on Wednesday. The firm has a market cap of $285.92 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a 50 day moving average price of $730.70 and a two-hundred day moving average price of $733.15.

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 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%. Equities analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 31.35%.

Analysts Set New Price Targets

ASML has been the subject of a number of recent research reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein reduced 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. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Finally, Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $937.00.

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.