WESPAC Advisors SoCal LLC Purchases 82 Shares of ASML Holding (NASDAQ:ASML)

WESPAC Advisors SoCal LLC increased its position in ASML Holding (NASDAQ:ASML) by 0.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,004 shares of the semiconductor company’s stock after acquiring an additional 82 shares during the quarter. ASML comprises about 2.5% of WESPAC Advisors SoCal LLC’s investment portfolio, making the stock its 15th biggest position. WESPAC Advisors SoCal LLC’s holdings in ASML were worth $9,709,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its holdings in ASML by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock worth $3,767,464,000 after acquiring an additional 105,196 shares during the period. Sands Capital Management LLC grew its position in ASML by 8.1% in the 4th quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock worth $1,224,002,000 after purchasing an additional 121,847 shares during the last quarter. Clearbridge Investments LLC grew its position in ASML by 2.7% in the 4th quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock worth $944,028,000 after purchasing an additional 32,623 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in ASML by 2.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock worth $888,112,000 after purchasing an additional 24,368 shares during the last quarter. Finally, Jennison Associates LLC grew its position in ASML by 15.3% in the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after purchasing an additional 151,844 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on ASML. Wells Fargo & Company raised their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein decreased their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,043.00.

ASML Trading Up 1.1 %

NASDAQ:ASML traded up $10.76 during trading hours on Monday, hitting $1,033.49. The stock had a trading volume of 722,597 shares, compared to its average volume of 1,134,114. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The company has a market cap of $407.80 billion, a price-to-earnings ratio of 52.78, a P/E/G ratio of 2.16 and a beta of 1.49. The business’s 50 day moving average is $964.40 and its 200-day moving average is $909.05.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating the consensus estimate of $2.84 by $0.54. The firm had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Sell-side analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.52%. The ex-dividend date was Friday, April 26th. ASML’s payout ratio is 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.