708 Shares in ASML Holding (NASDAQ:ASML) Bought by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC purchased a new stake in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 708 shares of the semiconductor company’s stock, valued at approximately $491,000.

A number of other hedge funds also recently made changes to their positions in ASML. Fairway Wealth LLC bought a new stake in ASML in the third quarter valued at about $25,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML in the 3rd quarter valued at approximately $28,000. Kennebec Savings Bank raised its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares in the last quarter. Fortitude Family Office LLC raised its holdings 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 buying an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of ASML during the 3rd quarter worth approximately $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $727.70 on Monday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average is $725.13 and its 200-day moving average is $766.81. The firm has a market capitalization of $286.29 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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%. Sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Analyst Ratings Changes

Several research firms have issued reports on ASML. 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. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Wells Fargo & Company lifted 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, January 13th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML 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.