Lake Street Advisors Group LLC Has $1.76 Million Holdings in ASML Holding (NASDAQ:ASML)

Lake Street Advisors Group LLC trimmed its holdings in ASML Holding (NASDAQ:ASML) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,544 shares of the semiconductor company’s stock after selling 33 shares during the period. Lake Street Advisors Group LLC’s holdings in ASML were worth $1,763,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairway Wealth LLC acquired a new stake in ASML during the 3rd quarter valued at $25,000. Kennebec Savings Bank lifted its stake in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the last quarter. Milestone Investment Advisors LLC bought a new stake in shares of ASML during the 3rd quarter worth about $28,000. Fortitude Family Office LLC grew 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 valued at $39,000 after buying an additional 15 shares during the last quarter. Finally, Albion Financial Group UT raised its holdings in 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 acquiring an additional 32 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

ASML opened at $746.93 on Thursday. The firm has a market cap of $293.86 billion, a P/E ratio of 35.91, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The business’s fifty day moving average is $733.34 and its 200-day moving average is $756.28. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

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 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%. Sell-side analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is presently 31.35%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ASML. JPMorgan Chase & Co. reduced their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

About ASML

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.