Paradigm Asset Management Co. LLC Buys New Shares in ASML Holding (NASDAQ:ASML)

Paradigm Asset Management Co. LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,668 shares of the semiconductor company’s stock, valued at approximately $1,875,000.

Several other institutional investors have also added to or reduced their stakes in ASML. International Assets Investment Management LLC boosted its position in ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after buying an additional 491,096 shares during the period. Van ECK Associates Corp boosted its position in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares during the period. Mediolanum International Funds Ltd purchased a new stake in ASML during the 3rd quarter valued at $125,952,000. SG Americas Securities LLC boosted its position in ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after buying an additional 115,603 shares during the period. Finally, Pathway Financial Advisers LLC boosted its position in ASML by 97,001.7% during the 3rd 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. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. BNP Paribas assumed 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. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. dropped 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 report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Down 0.2 %

Shares of NASDAQ ASML opened at $743.09 on Friday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock has a market cap of $292.35 billion, a P/E ratio of 35.73, a price-to-earnings-growth ratio of 1.64 and a beta of 1.47. The firm has a 50-day moving average of $732.25 and a 200 day moving average of $759.97. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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 47.73%. As a group, sell-side analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is currently 25.67%.

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.