Howard Bailey Securities LLC Grows Position in ASML Holding (NASDAQ:ASML)

Howard Bailey Securities LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 16.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 314 shares of the semiconductor company’s stock after purchasing an additional 45 shares during the quarter. Howard Bailey Securities LLC’s holdings in ASML were worth $218,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ASML. CWM LLC grew its holdings in ASML by 5.4% in the third quarter. CWM LLC now owns 2,044 shares of the semiconductor company’s stock valued at $1,703,000 after purchasing an additional 105 shares during the period. Procyon Advisors LLC grew its holdings in ASML by 18.3% in the third quarter. Procyon Advisors LLC now owns 763 shares of the semiconductor company’s stock valued at $636,000 after purchasing an additional 118 shares during the period. Creative Planning grew its holdings in ASML by 2.6% in the third quarter. Creative Planning now owns 26,866 shares of the semiconductor company’s stock valued at $22,386,000 after purchasing an additional 669 shares during the period. NBC Securities Inc. grew its holdings in ASML by 38.1% in the third quarter. NBC Securities Inc. now owns 116 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 32 shares during the period. Finally, Foster Victor Wealth Advisors LLC grew its holdings in ASML by 6.2% in the third quarter. Foster Victor Wealth Advisors LLC now owns 359 shares of the semiconductor company’s stock valued at $304,000 after purchasing an additional 21 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

NASDAQ ASML opened at $756.17 on Thursday. The company has a 50 day simple moving average of $726.48 and a 200-day simple moving average of $764.28. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market capitalization of $297.49 billion, a price-to-earnings ratio of 36.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be given a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio is 26.83%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ASML. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Sanford C. Bernstein decreased 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. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price 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.