Doliver Advisors LP Buys 195 Shares of ASML Holding (NASDAQ:ASML)

Doliver Advisors LP lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 8.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,392 shares of the semiconductor company’s stock after buying an additional 195 shares during the quarter. Doliver Advisors LP’s holdings in ASML were worth $1,658,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Capital Market Strategies LLC purchased a new position in shares of ASML during the fourth quarter valued at $796,000. Central Pacific Bank Trust Division bought a new stake in shares of ASML in the 4th quarter valued at about $1,174,000. GAMMA Investing LLC lifted its position in shares of ASML by 4.0% in the 4th quarter. GAMMA Investing LLC now owns 1,995 shares of the semiconductor company’s stock worth $1,383,000 after purchasing an additional 77 shares during the period. Versant Capital Management Inc purchased a new position in ASML during the fourth quarter valued at approximately $76,000. Finally, Principal Financial Group Inc. raised its stake in ASML by 104.4% in the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock worth $5,840,000 after buying an additional 3,580 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML traded up $53.16 during midday trading on Monday, hitting $767.52. 2,124,782 shares of the company were exchanged, compared to its average volume of 1,409,589. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $301.96 billion, a price-to-earnings ratio of 40.18, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47. The company’s 50 day simple moving average is $693.93 and its 200 day simple moving average is $815.68.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, sell-side analysts predict that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.73%. ASML’s dividend payout ratio (DPR) is currently 29.21%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Sanford C. Bernstein reduced their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Wells Fargo & Company reduced their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $943.83.

ASML Company 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.