Blue Barn Wealth LLC Cuts Stake in ASML Holding (NASDAQ:ASML)

Blue Barn Wealth LLC lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 10.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 354 shares of the semiconductor company’s stock after selling 42 shares during the period. Blue Barn Wealth LLC’s holdings in ASML were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in shares of ASML in the fourth quarter worth about $175,257,000. Fisher Funds Management LTD purchased a new stake in shares of ASML during the 4th quarter worth approximately $137,386,000. SG Americas Securities LLC boosted its position in shares of ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after acquiring an additional 115,603 shares during the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of ASML by 126.4% in the third quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company’s stock valued at $123,635,000 after purchasing an additional 82,836 shares in the last quarter. Finally, Empirical Asset Management LLC increased its position in ASML by 2,825.3% in the fourth quarter. Empirical Asset Management LLC now owns 84,191 shares of the semiconductor company’s stock worth $58,351,000 after purchasing an additional 81,313 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ASML. JPMorgan Chase & Co. lowered 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 research report on Thursday, January 30th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, 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 report on Friday, November 29th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Price Performance

ASML opened at $739.75 on Thursday. 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 business has a fifty day moving average of $732.90 and a 200 day moving average of $750.03. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market cap of $291.03 billion, a P/E ratio of 35.56, a PEG ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last announced 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 net margin of 26.78% and a return on equity of 47.73%. As a group, sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 31.35%.

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.