ASML Holding (NASDAQ:ASML) Position Increased by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. grew its position in ASML Holding (NASDAQ:ASMLFree Report) by 106.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,585 shares of the semiconductor company’s stock after buying an additional 13,697 shares during the quarter. ST Germain D J Co. Inc.’s holdings in ASML were worth $18,426,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ASML. Resources Management Corp CT ADV purchased a new position in ASML during the 2nd quarter worth approximately $26,000. Fairway Wealth LLC purchased a new position in shares of ASML during the third quarter valued at $25,000. Milestone Investment Advisors LLC acquired a new position in ASML during the third quarter valued at $28,000. Fortitude Family Office LLC lifted its stake in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new position in ASML during the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 0.2 %

Shares of NASDAQ ASML traded down $1.69 during mid-day trading on Friday, reaching $742.29. 649,709 shares of the company traded hands, compared to its average volume of 1,371,343. The company’s fifty day moving average is $698.61 and its two-hundred day moving average is $810.78. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock has a market cap of $292.03 billion, a PE ratio of 38.86, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, analysts expect that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ASML shares. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. 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. Wells Fargo & Company cut their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, JPMorgan Chase & Co. dropped their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $943.83.

Get Our Latest Stock Analysis on ASML

ASML Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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