Louisbourg Investments Inc. Makes New $624,000 Investment in ASML Holding (NASDAQ:ASML)

Louisbourg Investments Inc. acquired a new position in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 900 shares of the semiconductor company’s stock, valued at approximately $624,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASML. Fairway Wealth LLC acquired a new position in shares of ASML in the 3rd quarter valued at about $25,000. Kennebec Savings Bank increased its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. Milestone Investment Advisors LLC acquired a new position in shares of ASML in the 3rd quarter valued at about $28,000. Fortitude Family Office LLC increased its holdings in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the period. Finally, Albion Financial Group UT increased its holdings in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 1.2 %

Shares of ASML stock opened at $752.98 on Wednesday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $726.48 and its two-hundred day moving average is $764.28. The company has a market cap of $296.24 billion, a PE ratio of 36.20, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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 year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 25.91%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on ASML shares. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Sanford C. Bernstein cut their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Finally, BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Three 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 company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.