Arcadia Investment Management Corp MI Has $6.24 Million Position in ASML Holding (NASDAQ:ASML)

Arcadia Investment Management Corp MI lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 17.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,008 shares of the semiconductor company’s stock after acquiring an additional 1,363 shares during the period. Arcadia Investment Management Corp MI’s holdings in ASML were worth $6,243,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC raised its holdings in ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares during the last quarter. Van ECK Associates Corp raised its holdings in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares during the last quarter. Mediolanum International Funds Ltd acquired a new position in ASML during the third quarter worth $125,952,000. SG Americas Securities LLC raised its holdings in ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after buying an additional 115,603 shares during the last quarter. Finally, Pathway Financial Advisers LLC raised its holdings in ASML by 97,001.7% during the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after buying an additional 113,492 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $743.09 on Friday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm has a market cap of $292.35 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.64 and a beta of 1.47. 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 company has a fifty day moving average price of $732.25 and a 200-day moving average price of $759.97.

ASML (NASDAQ:ASML) last announced 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%. As a group, equities research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is currently 25.67%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Sanford C. Bernstein reduced their target price 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, JPMorgan Chase & Co. reduced their target price 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. Two 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 stock. According to MarketBeat, ASML currently 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.