CogentBlue Wealth Advisors LLC Acquires New Position in ASML Holding (NASDAQ:ASML)

CogentBlue Wealth Advisors LLC bought a new position in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 354 shares of the semiconductor company’s stock, valued at approximately $245,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. ICICI Prudential Asset Management Co Ltd boosted its position in ASML by 124.0% during the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 2,755 shares of the semiconductor company’s stock valued at $1,909,000 after purchasing an additional 1,525 shares during the period. Financial Perspectives Inc lifted its stake in ASML by 4.3% in the fourth quarter. Financial Perspectives Inc now owns 1,717 shares of the semiconductor company’s stock valued at $1,190,000 after buying an additional 71 shares during the last quarter. Pegasus Asset Management Inc. boosted its holdings in shares of ASML by 43.0% during the fourth quarter. Pegasus Asset Management Inc. now owns 4,581 shares of the semiconductor company’s stock valued at $3,175,000 after acquiring an additional 1,377 shares during the period. Hudson Value Partners LLC grew its position in shares of ASML by 994.6% during the fourth quarter. Hudson Value Partners LLC now owns 5,112 shares of the semiconductor company’s stock worth $3,543,000 after acquiring an additional 4,645 shares during the last quarter. Finally, Lyell Wealth Management LP increased its holdings in shares of ASML by 5.4% in the 4th quarter. Lyell Wealth Management LP now owns 19,024 shares of the semiconductor company’s stock worth $13,185,000 after acquiring an additional 982 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML opened at $744.80 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a market capitalization of $293.02 billion, a P/E ratio of 35.81, a P/E/G ratio of 1.65 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 firm’s 50 day moving average is $731.65 and its 200-day moving average is $760.09.

ASML (NASDAQ:ASML) last released its quarterly 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 net margin of 26.78% and a return on equity of 47.73%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given 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 was Tuesday, February 11th. ASML’s payout ratio is presently 25.67%.

Analyst Ratings Changes

ASML has been the subject of several recent analyst reports. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein lowered their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML 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.