Mirae Asset Global Investments Co. Ltd. Buys 12,972 Shares of ASML Holding (NASDAQ:ASML)

Mirae Asset Global Investments Co. Ltd. raised its position in shares of ASML Holding (NASDAQ:ASML) by 12.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 120,682 shares of the semiconductor company’s stock after acquiring an additional 12,972 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in ASML were worth $86,093,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ASML. Fairway Wealth LLC bought a new position in shares of ASML in the 3rd quarter worth about $25,000. Kennebec Savings Bank increased its stake in shares of 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 in the last quarter. Milestone Investment Advisors LLC purchased a new position in shares of ASML during the third quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Albion Financial Group UT grew its stake in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after buying an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Up 0.0 %

Shares of ASML stock opened at $731.41 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a market capitalization of $287.75 billion, a P/E ratio of 35.16, a P/E/G ratio of 1.62 and a beta of 1.47. The firm’s 50 day moving average is $720.30 and its 200 day moving average is $771.01.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts expect that ASML Holding will post 25.31 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. The ex-dividend date is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 26.83%.

Analyst Ratings Changes

A number of research analysts have issued reports on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Susquehanna dropped their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company lifted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut 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 report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

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.