NEOS Investment Management LLC Acquires 592 Shares of ASML Holding (NASDAQ:ASML)

NEOS Investment Management LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 13.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,162 shares of the semiconductor company’s stock after purchasing an additional 592 shares during the period. NEOS Investment Management LLC’s holdings in ASML were worth $3,578,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in ASML. Account Management LLC boosted its stake in ASML by 51.6% in the 4th quarter. Account Management LLC now owns 8,750 shares of the semiconductor company’s stock worth $6,064,000 after purchasing an additional 2,978 shares in the last quarter. Financial Counselors Inc. raised its holdings in ASML by 148.1% in the fourth quarter. Financial Counselors Inc. now owns 16,432 shares of the semiconductor company’s stock worth $11,389,000 after buying an additional 9,810 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of ASML in the fourth quarter worth approximately $1,044,000. Wambolt & Associates LLC purchased a new stake in shares of ASML during the fourth quarter valued at approximately $353,000. Finally, Zions Bancorporation N.A. increased its position in shares of ASML by 37.0% during the fourth quarter. Zions Bancorporation N.A. now owns 9,168 shares of the semiconductor company’s stock valued at $6,354,000 after acquiring an additional 2,478 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. lowered their target price 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, Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Performance

ASML opened at $674.58 on Friday. The company’s 50 day moving average is $727.46 and its 200 day moving average is $732.14. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market cap of $265.39 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, equities research analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed 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 an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 31.35%.

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.