Quotient Wealth Partners LLC Takes Position in ASML Holding (NASDAQ:ASML)

Quotient Wealth Partners LLC purchased a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 566 shares of the semiconductor company’s stock, valued at approximately $392,000.

A number of other hedge funds have also bought and sold shares of ASML. Carnegie Investment Counsel grew its stake 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 valued at $1,475,000 after buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division purchased a new position in ASML during the 4th quarter valued at $1,174,000. Taurus Asset Management LLC bought a new position in ASML in the 3rd quarter valued at $16,994,000. State Street Corp increased its stake 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 purchasing an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. lifted its position in shares of ASML by 7.2% during the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after purchasing an additional 1,032 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of a number of research analyst reports. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company boosted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Performance

Shares of ASML stock opened at $727.70 on Monday. The company has a market capitalization of $286.29 billion, a PE ratio of 34.99, a P/E/G ratio of 1.63 and a beta of 1.47. The company has a 50-day simple moving average of $725.13 and a two-hundred day simple moving average of $766.81. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last posted 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 return on equity of 47.73% and a net margin of 26.78%. Research analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be given a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. 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.