ASML Holding (NASDAQ:ASML) Holdings Decreased by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lessened its stake in ASML Holding (NASDAQ:ASML) by 27.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 406 shares of the semiconductor company’s stock after selling 153 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in ASML were worth $307,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Van ECK Associates Corp increased its position in shares of ASML by 34.6% during the 3rd quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after purchasing an additional 274,562 shares during the period. International Assets Investment Management LLC grew its holdings in ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after acquiring an additional 245,488 shares during the period. Barclays PLC lifted its holdings in ASML by 106.5% in the 3rd quarter. Barclays PLC now owns 336,956 shares of the semiconductor company’s stock valued at $198,353,000 after acquiring an additional 173,813 shares during the last quarter. Jennison Associates LLC grew its stake in shares of ASML by 15.3% in the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after purchasing an additional 151,844 shares during the last quarter. Finally, FMR LLC grew its stake in shares of ASML by 3.6% in the 3rd quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after purchasing an additional 126,413 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ASML. Cantor Fitzgerald assumed coverage on shares of ASML in a report on Tuesday, January 23rd. They set an “overweight” rating for the company. Susquehanna raised their price objective on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. HSBC began coverage on ASML in a research report on Thursday, February 22nd. They set a “buy” rating on the stock. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Finally, Sanford C. Bernstein decreased their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Four equities research 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Stock Up 2.0 %

Shares of NASDAQ:ASML traded up $18.32 during midday trading on Friday, hitting $918.97. 865,078 shares of the stock were exchanged, compared to its average volume of 1,204,430. The business’s fifty day simple moving average is $955.61 and its two-hundred day simple moving average is $805.93. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a market capitalization of $362.62 billion, a PE ratio of 46.93, a P/E/G ratio of 2.29 and a beta of 1.48.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. As a group, research analysts predict that ASML Holding will post 20.04 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 27.02%.

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.