Peterson Wealth Services Has $1.78 Million Stock Position in ASML Holding (NASDAQ:ASML)

Peterson Wealth Services cut its holdings in shares of ASML Holding (NASDAQ:ASML) by 23.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,351 shares of the semiconductor company’s stock after selling 706 shares during the period. Peterson Wealth Services’ holdings in ASML were worth $1,780,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. FMR LLC lifted its position in ASML by 3.6% during the 3rd quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after purchasing an additional 126,413 shares during the period. Sands Capital Management LLC increased its stake in ASML by 7.6% during the 3rd quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock worth $880,186,000 after purchasing an additional 105,339 shares in the last quarter. Clearbridge Investments LLC boosted its position in ASML by 2.0% during the 3rd quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock worth $714,971,000 after acquiring an additional 23,783 shares during the last quarter. Van ECK Associates Corp boosted its position in ASML by 34.6% during the 3rd quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after acquiring an additional 274,562 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in ASML by 27.5% during the 4th quarter. Alliancebernstein L.P. now owns 981,659 shares of the semiconductor company’s stock worth $536,378,000 after acquiring an additional 211,792 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

ASML stock traded down $19.24 during mid-day trading on Thursday, hitting $888.37. 675,148 shares of the company’s stock traded hands, compared to its average volume of 1,222,769. The firm has a 50 day simple moving average of $960.66 and a two-hundred day simple moving average of $791.11. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The stock has a market cap of $350.54 billion, a price-to-earnings ratio of 42.19, a P/E/G ratio of 2.36 and a beta of 1.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. The firm had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a return on equity of 68.32% and a net margin of 28.44%. On average, research analysts expect that ASML Holding will post 20.4 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders 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 payout ratio is 24.59%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ASML shares. Raymond James upped their price target on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Sanford C. Bernstein reduced their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Susquehanna increased their price objective on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Finally, Evercore ISI began coverage on ASML in a report on Tuesday. They issued an “outperform” rating for the company. Five investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

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.