Promus Capital LLC Takes $60,000 Position in ASML Holding (NASDAQ:ASML)

Promus Capital LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 86 shares of the semiconductor company’s stock, valued at approximately $60,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Fairway Wealth LLC purchased a new position in ASML in the 3rd quarter worth $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth $28,000. Kennebec Savings Bank raised its stake in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in ASML in the 4th quarter worth $31,000. Finally, Brooklyn Investment Group purchased a new position in ASML in the 3rd quarter worth $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several analyst reports. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Price Performance

NASDAQ:ASML opened at $739.75 on Thursday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $291.03 billion, a PE ratio of 35.56, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The stock’s 50-day moving average price is $732.90 and its 200-day moving average price is $750.03.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors 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 a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 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.