Steward Partners Investment Advisory LLC Increases Stake in ASML Holding (NASDAQ:ASML)

Steward Partners Investment Advisory LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,228 shares of the semiconductor company’s stock after acquiring an additional 1,054 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in ASML were worth $6,396,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Schechter Investment Advisors LLC boosted its stake in shares of ASML by 6.0% during the fourth quarter. Schechter Investment Advisors LLC now owns 3,841 shares of the semiconductor company’s stock valued at $2,662,000 after purchasing an additional 216 shares in the last quarter. Kelly Financial Group LLC purchased a new stake in ASML during the fourth quarter worth $277,000. Auxano Advisors LLC bought a new stake in ASML during the 4th quarter valued at $587,000. Investment Partners LTD. increased its holdings in shares of ASML by 4.4% in the 4th quarter. Investment Partners LTD. now owns 997 shares of the semiconductor company’s stock valued at $691,000 after acquiring an additional 42 shares during the period. Finally, Quintet Private Bank Europe S.A. increased its holdings in shares of ASML by 25.3% in the 4th quarter. Quintet Private Bank Europe S.A. now owns 243 shares of the semiconductor company’s stock valued at $168,000 after acquiring an additional 49 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ASML. Sanford C. Bernstein dropped their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. JPMorgan Chase & Co. lowered 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. 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 increased their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 4.5 %

NASDAQ:ASML opened at $739.75 on Thursday. The company’s 50 day moving average is $732.90 and its two-hundred day moving average is $750.03. The company has a market cap of $291.03 billion, a PE ratio of 35.56, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a twelve month low of $645.45 and a twelve month 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.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 31.35%.

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.