Verus Capital Partners LLC Acquires New Stake in ASML Holding (NASDAQ:ASML)

Verus Capital Partners LLC acquired a new stake in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 353 shares of the semiconductor company’s stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ASML. Fairway Wealth LLC purchased a new stake in shares of ASML in the 3rd quarter valued at $25,000. Kennebec Savings Bank raised its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new stake in shares of ASML in the 3rd quarter valued at $28,000. Albion Financial Group UT raised its holdings in shares of 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 buying an additional 32 shares during the period. Finally, Roxbury Financial LLC acquired a new position in ASML during the 4th quarter worth $39,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Wells Fargo & Company boosted their target price on 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. lowered their target price on 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. Finally, Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Two 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Up 1.6 %

NASDAQ:ASML opened at $708.71 on Friday. The stock has a 50-day simple moving average of $733.15 and a 200-day simple moving average of $754.07. The stock has a market cap of $278.82 billion, a P/E ratio of 34.07, a P/E/G ratio of 1.62 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year 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 released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. As a group, analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a $1.5855 dividend. 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 31.35%.

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.