ASML Holding (NASDAQ:ASML) Shares Acquired by Abundance Wealth Counselors

Abundance Wealth Counselors lifted its holdings in ASML Holding (NASDAQ:ASML) by 12.3% during the fourth quarter, Holdings Channel reports. The fund owned 668 shares of the semiconductor company’s stock after buying an additional 73 shares during the quarter. Abundance Wealth Counselors’ holdings in ASML were worth $463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its position in ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after acquiring an additional 491,096 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares during the period. Mediolanum International Funds Ltd acquired a new position in shares of ASML in the 3rd quarter valued at $125,952,000. SG Americas Securities LLC boosted its holdings in ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after buying an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC grew its position in ASML by 97,001.7% during the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after buying an additional 113,492 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Susquehanna reduced their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Sanford C. Bernstein dropped their price target 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 investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Performance

Shares of ASML stock opened at $739.31 on Friday. The firm has a market cap of $290.86 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.25 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock’s 50-day moving average is $719.37 and its two-hundred day moving average is $775.53. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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 50.53%. Analysts predict that ASML Holding will post 25.07 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be paid a dividend of $1.6414 per share. The ex-dividend date of this dividend is Monday, April 28th. This represents a $6.57 dividend on an annualized basis and a dividend yield of 0.89%. This is a positive change from ASML’s previous quarterly dividend of $1.41. ASML’s dividend payout ratio (DPR) is presently 26.83%.

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.