Ieq Capital LLC Has $3.22 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Ieq Capital LLC trimmed its stake in ASML Holding (NASDAQ:ASML) by 4.4% in the fourth quarter, Holdings Channel reports. The firm owned 4,639 shares of the semiconductor company’s stock after selling 216 shares during the quarter. Ieq Capital LLC’s holdings in ASML were worth $3,215,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC grew its stake in shares of ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after buying an additional 31,879 shares in the last quarter. Edgewood Management LLC lifted its stake in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares during the last quarter. Van ECK Associates Corp grew its position in shares of ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after acquiring an additional 31,231 shares during the period. Windacre Partnership LLC increased its stake in shares of ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in shares of ASML by 14.2% in the 3rd quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock valued at $335,598,000 after purchasing an additional 50,115 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ASML shares. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the stock 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 on the stock in a report on Thursday, January 30th. 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. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Down 0.8 %

Shares of ASML stock opened at $737.01 on Friday. 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 50-day moving average of $732.62 and a 200-day moving average of $758.80. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market cap of $289.95 billion, a PE ratio of 35.43, a PEG ratio of 1.64 and a beta of 1.47.

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 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 forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 25.67%.

ASML 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.