Emerald Mutual Fund Advisers Trust Purchases Shares of 161 ASML Holding (NASDAQ:ASML)

Emerald Mutual Fund Advisers Trust acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, Holdings Channel reports. The fund acquired 161 shares of the semiconductor company’s stock, valued at approximately $112,000.

Several other institutional investors also recently modified their holdings of the stock. Kennebec Savings Bank lifted its position in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC lifted its holdings in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the 4th quarter worth $31,000. Albion Financial Group UT increased its stake in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC bought a new position in ASML in the fourth quarter valued at $39,000. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 1.0 %

Shares of ASML opened at $666.11 on Wednesday. The stock has a market capitalization of $262.06 billion, a P/E ratio of 32.02, a PEG ratio of 1.62 and a beta of 1.67. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $684.40 and a two-hundred day simple moving average of $704.21.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a dividend of $1.6414 per share. The ex-dividend date of this dividend is Monday, April 28th. This represents a $6.57 dividend on an annualized basis and a dividend yield of 0.99%. ASML’s dividend payout ratio is presently 27.48%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Susquehanna cut their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Wells Fargo & Company decreased their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $906.00.

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.