MADDEN SECURITIES Corp Purchases 385 Shares of ASML Holding (NASDAQ:ASML)

MADDEN SECURITIES Corp grew its position in shares of ASML Holding (NASDAQ:ASML) by 8.8% in the 4th quarter, HoldingsChannel reports. The fund owned 4,780 shares of the semiconductor company’s stock after buying an additional 385 shares during the period. ASML makes up about 1.3% of MADDEN SECURITIES Corp’s holdings, making the stock its 20th biggest holding. MADDEN SECURITIES Corp’s holdings in ASML were worth $3,313,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ASML. Carnegie Investment Counsel raised its holdings in 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 buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of ASML during the fourth quarter worth about $1,174,000. Taurus Asset Management LLC acquired a new stake in shares of ASML in the 3rd quarter worth about $16,994,000. State Street Corp lifted its position in ASML by 5.2% in the 3rd 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 in the last quarter. Finally, Stockman Wealth Management Inc. boosted its stake in ASML by 7.2% during the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after purchasing an additional 1,032 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

ASML Stock Performance

Shares of ASML stock opened at $744.08 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market cap of $292.74 billion, a price-to-earnings ratio of 35.77, a P/E/G ratio of 1.63 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm’s 50-day simple moving average is $725.13 and its two-hundred day simple moving average is $766.07.

ASML (NASDAQ:ASML) last posted its quarterly 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 return on equity of 47.73% and a net margin of 26.78%. As a group, equities 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 issued a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 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.