MBA Advisors LLC increased its stake in ASML Holding (NASDAQ:ASML – Free Report) by 67.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 814 shares of the semiconductor company’s stock after acquiring an additional 328 shares during the quarter. MBA Advisors LLC’s holdings in ASML were worth $564,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Fairway Wealth LLC purchased a new stake in ASML during the third quarter valued at about $25,000. Kennebec Savings Bank raised its holdings in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new stake in shares of ASML in the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its stake in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Finally, Albion Financial Group UT grew its position in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Price Performance
NASDAQ ASML opened at $727.70 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $286.29 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a 50 day moving average price of $725.13 and a two-hundred day moving average price of $766.81.
ASML Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio is currently 26.83%.
Analyst Ratings Changes
A number of research firms have recently issued reports on ASML. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $937.00.
Check Out Our Latest Research Report on ASML
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.
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