DecisionMap Wealth Management LLC Takes $505,000 Position in ASML Holding (NASDAQ:ASML)

DecisionMap Wealth Management LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 729 shares of the semiconductor company’s stock, valued at approximately $505,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Steigerwald Gordon & Koch Inc. raised its stake in ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake 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 during the last quarter. Trust Point Inc. raised its stake in ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after buying an additional 14 shares during the last quarter. Sunpointe LLC raised its stake in ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after buying an additional 14 shares during the last quarter. Finally, Family Capital Management Inc. raised its stake in ASML by 1.7% in the third quarter. Family Capital Management Inc. now owns 909 shares of the semiconductor company’s stock valued at $757,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 1.9 %

Shares of ASML opened at $703.37 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock’s 50 day moving average is $733.14 and its two-hundred day moving average is $742.38. The firm has a market cap of $276.72 billion, a P/E ratio of 33.82, a PEG ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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%. Analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. 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 report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.