Jackson Hole Capital Partners LLC Invests $358,000 in ASML Holding (NASDAQ:ASML)

Jackson Hole Capital Partners LLC bought a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 516 shares of the semiconductor company’s stock, valued at approximately $358,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fairway Wealth LLC purchased a new position in shares of ASML in the 3rd quarter worth approximately $25,000. Kennebec Savings Bank boosted its holdings in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in ASML during the 4th quarter valued at $31,000. Brooklyn Investment Group purchased a new position in ASML during the 3rd quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. purchased a new position in ASML during the 3rd quarter valued at $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ASML shares. Sanford C. Bernstein dropped their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Wells Fargo & Company boosted 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. reduced their price target on 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. Finally, BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Two 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 data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 2.4 %

Shares of ASML opened at $732.22 on Friday. 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 company has a market capitalization of $288.07 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 1.62 and a beta of 1.54. The stock’s 50-day moving average price is $733.25 and its 200-day moving average price is $747.14.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. On average, sell-side analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. 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 currently 31.35%.

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.