Valley National Advisers Inc. Buys 59 Shares of ASML Holding (NASDAQ:ASML)

Valley National Advisers Inc. boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,023 shares of the semiconductor company’s stock after purchasing an additional 59 shares during the quarter. Valley National Advisers Inc.’s holdings in ASML were worth $709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its position in shares of ASML by 41.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company’s stock worth $2,019,000 after purchasing an additional 575 shares in the last quarter. GAMMA Investing LLC raised its stake in ASML by 18.4% in the third quarter. GAMMA Investing LLC now owns 1,918 shares of the semiconductor company’s stock valued at $1,598,000 after buying an additional 298 shares during the last quarter. WealthBridge Capital Management LLC purchased a new stake in ASML in the third quarter valued at about $237,000. Azzad Asset Management Inc. ADV boosted its holdings in ASML by 1.1% in the third quarter. Azzad Asset Management Inc. ADV now owns 3,217 shares of the semiconductor company’s stock worth $2,680,000 after acquiring an additional 34 shares in the last quarter. Finally, Diversified Trust Co grew its stake in shares of ASML by 218.1% during the third quarter. Diversified Trust Co now owns 2,942 shares of the semiconductor company’s stock worth $2,451,000 after acquiring an additional 2,017 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the subject of a number of recent analyst reports. Susquehanna lowered their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three investment 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. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 0.3 %

Shares of ASML opened at $739.31 on Monday. The stock’s 50-day moving average price is $719.37 and its 200-day moving average price is $773.48. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $290.86 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.25 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.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 50.53% and a net margin of 26.78%. On average, sell-side analysts predict that ASML Holding will post 25.07 EPS for the current year.

ASML Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a dividend of $1.6414 per share. This represents a $6.57 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Monday, April 28th. ASML’s payout ratio is currently 26.83%.

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.