ASML Holding (NASDAQ:ASML) Shares Acquired by FourThought Financial Partners LLC

FourThought Financial Partners LLC raised its stake in ASML Holding (NASDAQ:ASML) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,522 shares of the semiconductor company’s stock after acquiring an additional 1,016 shares during the quarter. FourThought Financial Partners LLC’s holdings in ASML were worth $7,207,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. TCG Advisory Services LLC grew its holdings in shares of ASML by 6.6% during the fourth quarter. TCG Advisory Services LLC now owns 390 shares of the semiconductor company’s stock worth $295,000 after buying an additional 24 shares in the last quarter. Henry James International Management Inc. lifted its stake in shares of ASML by 0.3% during the 4th quarter. Henry James International Management Inc. now owns 13,100 shares of the semiconductor company’s stock worth $9,916,000 after purchasing an additional 37 shares during the period. Vestmark Advisory Solutions Inc. boosted its holdings in shares of ASML by 12.2% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 4,423 shares of the semiconductor company’s stock worth $3,348,000 after purchasing an additional 482 shares during the last quarter. Royal Fund Management LLC purchased a new stake in shares of ASML in the fourth quarter valued at $1,332,000. Finally, Legacy Financial Advisors Inc. lifted its position in ASML by 23.5% during the fourth quarter. Legacy Financial Advisors Inc. now owns 1,005 shares of the semiconductor company’s stock worth $760,000 after buying an additional 191 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ASML. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Evercore ISI assumed coverage on shares of ASML in a research note on Tuesday, April 16th. They set an “outperform” rating on the stock. Raymond James lifted their price target on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a report on Thursday, January 25th. Susquehanna upped their price objective on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Finally, Wells Fargo & Company lifted their target price on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Up 3.6 %

Shares of ASML traded up $31.35 during midday trading on Friday, reaching $901.63. 1,038,174 shares of the company were exchanged, compared to its average volume of 1,239,902. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,056.34. The stock has a 50-day moving average price of $951.12 and a 200-day moving average price of $814.09. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market cap of $355.77 billion, a price-to-earnings ratio of 46.05, a P/E/G ratio of 2.17 and a beta of 1.49.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 32.53%.

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.