Campbell Capital Management Inc. Increases Stock Position in ASML Holding (NASDAQ:ASML)

Campbell Capital Management Inc. boosted its stake in ASML Holding (NASDAQ:ASML) by 68.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,180 shares of the semiconductor company’s stock after purchasing an additional 480 shares during the quarter. Campbell Capital Management Inc.’s holdings in ASML were worth $818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Zevin Asset Management LLC raised its stake in shares of ASML by 55.6% during the fourth quarter. Zevin Asset Management LLC now owns 16,906 shares of the semiconductor company’s stock worth $11,717,000 after acquiring an additional 6,038 shares in the last quarter. Hills Bank & Trust Co raised its stake in shares of ASML by 6.8% during the fourth quarter. Hills Bank & Trust Co now owns 772 shares of the semiconductor company’s stock worth $535,000 after acquiring an additional 49 shares in the last quarter. Wellington Shields & Co. LLC raised its stake in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares in the last quarter. Madison Investment Advisors LLC purchased a new position in shares of ASML during the fourth quarter worth approximately $14,760,000. Finally, Impact Capital Partners LLC purchased a new position in shares of ASML during the fourth quarter worth approximately $313,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on ASML. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. 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 target on the stock. Sanford C. Bernstein cut their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. cut their target price 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. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Up 2.8 %

Shares of ASML stock opened at $714.00 on Friday. The stock has a market capitalization of $280.90 billion, a price-to-earnings ratio of 34.33, a P/E/G ratio of 1.62 and a beta of 1.54. The company’s 50 day moving average price is $733.01 and its 200-day moving average price is $740.87. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

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

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is 31.35%.

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.