ASML Holding (NASDAQ:ASML) Shares Acquired by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC grew its position in ASML Holding (NASDAQ:ASML) by 56.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,511 shares of the semiconductor company’s stock after acquiring an additional 1,619 shares during the quarter. HighPoint Advisor Group LLC’s holdings in ASML were worth $3,388,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ASML. Kennebec Savings Bank boosted its stake in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC boosted its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in ASML during the 4th quarter valued at about $31,000. Albion Financial Group UT grew its stake in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in ASML in the 4th quarter valued at about $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 2.3 %

Shares of NASDAQ:ASML opened at $674.58 on Monday. The company has a market capitalization of $265.39 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The business has a 50-day moving average price of $727.46 and a 200 day moving average price of $731.53. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced 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%. Sell-side analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio is 31.35%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ASML. JPMorgan Chase & Co. dropped 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. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $937.00.

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.