GAMMA Investing LLC Buys Shares of 719 ASML Holding (NASDAQ:ASML)

GAMMA Investing LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 719 shares of the semiconductor company’s stock, valued at approximately $544,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ASML. Parkside Financial Bank & Trust increased its position in ASML by 16.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 242 shares of the semiconductor company’s stock valued at $183,000 after acquiring an additional 35 shares during the period. SlateStone Wealth LLC increased its position in ASML by 12.1% in the 4th quarter. SlateStone Wealth LLC now owns 3,044 shares of the semiconductor company’s stock valued at $2,304,000 after acquiring an additional 329 shares during the period. Marks Group Wealth Management Inc increased its position in ASML by 9.5% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,730 shares of the semiconductor company’s stock valued at $1,309,000 after acquiring an additional 150 shares during the period. Stockman Wealth Management Inc. increased its position in ASML by 3.7% in the 4th quarter. Stockman Wealth Management Inc. now owns 15,080 shares of the semiconductor company’s stock valued at $11,414,000 after acquiring an additional 540 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its stake in shares of ASML by 1.6% in the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 48,015 shares of the semiconductor company’s stock valued at $36,344,000 after purchasing an additional 739 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.1 %

Shares of ASML stock traded down $9.71 on Wednesday, hitting $891.86. The stock had a trading volume of 474,733 shares, compared to its average volume of 1,238,778. The business has a 50 day moving average of $957.00 and a 200 day moving average of $800.90. The stock has a market cap of $351.92 billion, a price-to-earnings ratio of 45.87, a price-to-earnings-growth ratio of 2.17 and a beta of 1.48. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating the consensus estimate of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, analysts expect that ASML Holding will post 20.11 EPS for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.60%. ASML’s dividend payout ratio is currently 27.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on ASML shares. Sanford C. Bernstein reduced their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. HSBC started coverage on shares of ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Susquehanna increased their target price on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. Finally, Raymond James increased their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

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.