Spire Wealth Management Has $1.05 Million Holdings in ASML Holding (NASDAQ:ASML)

Spire Wealth Management trimmed its position in ASML Holding (NASDAQ:ASML) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,385 shares of the semiconductor company’s stock after selling 80 shares during the quarter. Spire Wealth Management’s holdings in ASML were worth $1,049,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Gallacher Capital Management LLC acquired a new position in ASML during the fourth quarter worth $304,000. Valley Brook Capital Group Inc. bought a new position in ASML during the 4th quarter valued at about $254,000. National Bank of Canada FI grew its stake in ASML by 95.2% during the fourth quarter. National Bank of Canada FI now owns 76,263 shares of the semiconductor company’s stock worth $54,618,000 after buying an additional 37,203 shares during the last quarter. FourThought Financial Partners LLC increased its holdings in shares of ASML by 11.9% during the fourth quarter. FourThought Financial Partners LLC now owns 9,522 shares of the semiconductor company’s stock worth $7,207,000 after buying an additional 1,016 shares in the last quarter. Finally, TCG Advisory Services LLC raised its stake in shares of ASML by 6.6% in the fourth quarter. TCG Advisory Services LLC now owns 390 shares of the semiconductor company’s stock valued at $295,000 after acquiring an additional 24 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. HSBC started coverage on ASML in a research report on Thursday, February 22nd. They issued a “buy” rating for the company. Wells Fargo & Company upped their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Sanford C. Bernstein reduced their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Finally, Raymond James increased their price target on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Four equities research 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 data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Price Performance

Shares of ASML stock opened at $904.46 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The firm has a fifty day moving average of $949.84 and a 200-day moving average of $821.79. The firm has a market capitalization of $356.89 billion, a price-to-earnings ratio of 46.39, a price-to-earnings-growth ratio of 2.25 and a beta of 1.49.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.59%. ASML’s dividend payout ratio is presently 32.53%.

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.