Legacy Capital Wealth Partners LLC Raises Stock Holdings in ASML Holding (NASDAQ:ASML)

Legacy Capital Wealth Partners LLC increased its stake in shares of ASML Holding (NASDAQ:ASML) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 504 shares of the semiconductor company’s stock after purchasing an additional 55 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in ASML were worth $381,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in ASML. Carmel Capital Partners LLC boosted its position in ASML by 200.0% during the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 30 shares during the last quarter. Addison Advisors LLC increased its stake in ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 shares during the period. Catalyst Capital Advisors LLC boosted its stake in ASML by 35.4% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after buying an additional 17 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC grew its holdings in ASML by 7,300.0% in the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 73 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 1.8 %

NASDAQ:ASML opened at $918.97 on Monday. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The business has a 50 day simple moving average of $955.61 and a 200 day simple moving average of $807.34. The firm has a market capitalization of $362.62 billion, a P/E ratio of 46.93, a P/E/G ratio of 2.29 and a beta of 1.49.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. ASML’s dividend payout ratio (DPR) is presently 32.99%.

Analysts Set New Price Targets

Several research firms recently issued reports on ASML. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Susquehanna boosted their price target on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Finally, Raymond James lifted their price objective on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

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.