ASML Holding (NASDAQ:ASML) Shares Bought by Sound View Wealth Advisors Group LLC

Sound View Wealth Advisors Group LLC lifted its holdings in ASML Holding (NASDAQ:ASML) by 20.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 662 shares of the semiconductor company’s stock after buying an additional 112 shares during the quarter. Sound View Wealth Advisors Group LLC’s holdings in ASML were worth $459,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of ASML. Fisher Asset Management LLC boosted its stake in ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after acquiring an additional 31,879 shares during the period. Edgewood Management LLC lifted its holdings in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after purchasing an additional 70,776 shares during the last quarter. Van ECK Associates Corp boosted its position in ASML by 1.8% during the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after purchasing an additional 31,231 shares during the period. Windacre Partnership LLC grew its stake in ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after buying an additional 25,600 shares during the last quarter. Finally, Citigroup Inc. increased its position in ASML by 14.2% in the third quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock worth $335,598,000 after buying an additional 50,115 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Trading Up 2.4 %

ASML stock opened at $732.22 on Monday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a market capitalization of $288.07 billion, a PE ratio of 35.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The firm has a 50 day simple moving average of $733.25 and a 200-day simple moving average of $745.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last issued its quarterly earnings results 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 net margin of 26.78% and a return on equity of 47.73%. As a group, equities research analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ASML shares. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. cut their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average 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.