By otakuyassine3@gmail.com 
Allspring Global Investments Holdings LLC raised its position in shares of ASML Holding (NASDAQ:ASML – Free Report) by 22.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,102 shares of the semiconductor company’s stock after acquiring an additional 1,279 shares during the period. Allspring Global Investments Holdings LLC’s holdings in ASML were worth $4,974,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Avidian Wealth Enterprises LLC boosted its stake in ASML by 219.8% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 793 shares of the semiconductor company’s stock valued at $549,000 after purchasing an additional 545 shares during the period. Great Lakes Retirement Inc. boosted its stake in ASML by 8.9% during the 4th quarter. Great Lakes Retirement Inc. now owns 1,589 shares of the semiconductor company’s stock valued at $1,101,000 after purchasing an additional 130 shares during the period. Valley Brook Capital Group Inc. boosted its position in shares of ASML by 4.1% in the fourth quarter. Valley Brook Capital Group Inc. now owns 477 shares of the semiconductor company’s stock valued at $331,000 after acquiring an additional 19 shares during the period. Gladstone Institutional Advisory LLC bought a new stake in shares of ASML in the fourth quarter valued at approximately $230,000. Finally, Certuity LLC boosted its position in shares of ASML by 33.5% in the fourth quarter. Certuity LLC now owns 582 shares of the semiconductor company’s stock valued at $403,000 after acquiring an additional 146 shares during the period. 26.07% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. 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 note on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.
Get Our Latest Research Report on ASML
ASML Stock Up 0.1 %
Shares of ASML opened at $744.80 on Thursday. The stock has a market cap of $293.02 billion, a price-to-earnings ratio of 35.81, a P/E/G ratio of 1.65 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 Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a 50-day moving average price of $731.65 and a two-hundred day moving average price of $760.09.
ASML (NASDAQ:ASML – Get Free Report) last posted its earnings results 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 47.73% and a net margin of 26.78%. Equities analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a dividend of $1.5855 per share. 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 dividend payout ratio (DPR) is 25.67%.
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.
Featured Stories
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ASML and related companies with MarketBeat.com’s FREE daily email newsletter.