Stephens Investment Management Group LLC Purchases 104 Shares of ASML Holding (NASDAQ:ASML)

Stephens Investment Management Group LLC raised its holdings in ASML Holding (NASDAQ:ASML) by 40.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 361 shares of the semiconductor company’s stock after purchasing an additional 104 shares during the quarter. Stephens Investment Management Group LLC’s holdings in ASML were worth $250,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brookstone Capital Management increased its holdings in shares of ASML by 2.8% during the third quarter. Brookstone Capital Management now owns 1,025 shares of the semiconductor company’s stock worth $854,000 after buying an additional 28 shares in the last quarter. CWM LLC raised its position in shares of ASML by 5.4% in the 3rd quarter. CWM LLC now owns 2,044 shares of the semiconductor company’s stock worth $1,703,000 after acquiring an additional 105 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in ASML by 14.5% in the third quarter. Valeo Financial Advisors LLC now owns 2,046 shares of the semiconductor company’s stock valued at $1,705,000 after buying an additional 259 shares during the period. Meyer Handelman Co. bought a new position in ASML during the third quarter worth $437,000. Finally, Carnegie Investment Counsel boosted its position in shares of ASML by 5.5% during the 3rd quarter. Carnegie Investment Counsel now owns 1,260 shares of the semiconductor company’s stock worth $1,050,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $727.70 on Monday. The business has a 50-day simple moving average of $725.13 and a 200 day simple moving average of $766.81. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a market cap of $286.29 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.63 and a beta of 1.47. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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 return on equity of 47.73% and a net margin of 26.78%. On average, research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ASML shares. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. 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. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently 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.