34,000 Shares in ASML Holding (NASDAQ:ASML) Acquired by UNICOM Systems Inc.

UNICOM Systems Inc. bought a new position in ASML Holding (NASDAQ:ASMLFree Report) in the fourth quarter, HoldingsChannel reports. The fund bought 34,000 shares of the semiconductor company’s stock, valued at approximately $23,565,000. ASML accounts for approximately 5.7% of UNICOM Systems Inc.’s investment portfolio, making the stock its 4th biggest position.

Other large investors have also added to or reduced their stakes in the company. Carnegie Investment Counsel boosted its position in shares of ASML by 68.9% during the 4th 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 in the last quarter. Central Pacific Bank Trust Division purchased a new position in shares of ASML in the 4th quarter worth approximately $1,174,000. Taurus Asset Management LLC bought a new position in shares of ASML in the third quarter valued at approximately $16,994,000. State Street Corp increased its position in shares of ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after acquiring an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. boosted its position 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 purchasing an additional 1,032 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ASML. 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 price target for the company. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $937.00.

Read Our Latest Analysis on ASML

ASML Stock Up 2.3 %

NASDAQ ASML opened at $744.08 on Tuesday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business’s 50-day moving average is $725.13 and its 200 day moving average is $766.07. The stock has a market capitalization of $292.74 billion, a PE ratio of 35.77, a PEG ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASMLGet Free Report) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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 47.73%. Sell-side analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio is 26.83%.

ASML Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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