Quad Cities Investment Group LLC Boosts Stock Position in ASML Holding (NASDAQ:ASML)

Quad Cities Investment Group LLC lifted its position in ASML Holding (NASDAQ:ASML) by 39.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 731 shares of the semiconductor company’s stock after purchasing an additional 206 shares during the quarter. Quad Cities Investment Group LLC’s holdings in ASML were worth $507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Wallace Advisory Group LLC lifted its stake in ASML by 13.8% during the 4th quarter. Wallace Advisory Group LLC now owns 281 shares of the semiconductor company’s stock valued at $195,000 after acquiring an additional 34 shares during the period. 180 Wealth Advisors LLC raised its holdings in shares of ASML by 35.1% during the fourth quarter. 180 Wealth Advisors LLC now owns 1,213 shares of the semiconductor company’s stock worth $841,000 after purchasing an additional 315 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in ASML by 21.9% during the fourth quarter. Rosenberg Matthew Hamilton now owns 328 shares of the semiconductor company’s stock valued at $227,000 after purchasing an additional 59 shares during the period. AAFMAA Wealth Management & Trust LLC boosted its holdings in ASML by 30.5% in the fourth quarter. AAFMAA Wealth Management & Trust LLC now owns 1,383 shares of the semiconductor company’s stock valued at $959,000 after purchasing an additional 323 shares during the last quarter. Finally, Traveka Wealth LLC grew its position in ASML by 20.4% during the 4th quarter. Traveka Wealth LLC now owns 891 shares of the semiconductor company’s stock worth $618,000 after purchasing an additional 151 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ASML. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, Susquehanna decreased their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Stock Down 1.6 %

ASML stock opened at $727.41 on Tuesday. The stock has a market capitalization of $286.18 billion, a P/E ratio of 38.08, a P/E/G ratio of 2.07 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm has a 50-day simple moving average of $701.02 and a 200-day simple moving average of $803.87. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last announced its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Equities analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.77%. ASML’s payout ratio is presently 29.21%.

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.