Edge Capital Group LLC Has $254,000 Stock Position in ASML Holding (NASDAQ:ASML)

Edge Capital Group LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 25.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 367 shares of the semiconductor company’s stock after purchasing an additional 74 shares during the quarter. Edge Capital Group LLC’s holdings in ASML were worth $254,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its stake in ASML by 34.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,823 shares of the semiconductor company’s stock worth $4,852,000 after acquiring an additional 1,503 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of ASML by 1.3% during the 3rd quarter. Private Advisor Group LLC now owns 4,985 shares of the semiconductor company’s stock worth $4,153,000 after purchasing an additional 65 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of ASML by 9.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 34,098 shares of the semiconductor company’s stock worth $28,412,000 after purchasing an additional 2,806 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in shares of ASML by 39.1% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 96 shares of the semiconductor company’s stock valued at $80,000 after buying an additional 27 shares during the period. Finally, J.W. Cole Advisors Inc. increased its position in ASML by 48.2% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 1,713 shares of the semiconductor company’s stock valued at $1,428,000 after buying an additional 557 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

ASML Stock Down 0.2 %

ASML opened at $735.96 on Tuesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm has a market capitalization of $289.54 billion, a P/E ratio of 35.38, a PEG ratio of 1.62 and a beta of 1.47. The company’s 50-day moving average is $732.89 and its 200 day moving average is $757.27. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. Research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

ASML 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.