ASML Holding (NASDAQ:ASML) Shares Bought by LCM Capital Management Inc

LCM Capital Management Inc grew its stake in ASML Holding (NASDAQ:ASML) by 46.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 819 shares of the semiconductor company’s stock after purchasing an additional 261 shares during the quarter. LCM Capital Management Inc’s holdings in ASML were worth $568,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Carnegie Investment Counsel raised its holdings in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares during the period. Central Pacific Bank Trust Division bought a new stake in shares of ASML during the 4th quarter valued at about $1,174,000. Taurus Asset Management LLC acquired a new stake in ASML during the third quarter worth about $16,994,000. State Street Corp lifted its holdings in ASML by 5.2% in the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after acquiring an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. lifted its holdings in ASML by 7.2% in the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after acquiring an additional 1,032 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML opened at $742.59 on Thursday. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The firm has a market capitalization of $292.15 billion, a PE ratio of 35.70, a P/E/G ratio of 1.62 and a beta of 1.47. The firm has a 50-day moving average price of $721.49 and a 200 day moving average price of $769.85. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, sell-side analysts anticipate that ASML Holding will post 25.31 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. The ex-dividend date is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 26.83%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ASML. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Three research 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.