Cynosure Group LLC Invests $1.76 Million in ASML Holding (NASDAQ:ASML)

Cynosure Group LLC acquired a new stake in shares of 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 2,538 shares of the semiconductor company’s stock, valued at approximately $1,759,000.

A number of other large investors have also bought and sold shares of the business. Steigerwald Gordon & Koch Inc. increased its stake in ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after acquiring an additional 14 shares during the last quarter. Trust Point Inc. lifted its holdings in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares during the last quarter. Sunpointe LLC boosted its position in ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 14 shares during the period. Finally, Wealth Quarterback LLC increased its holdings in shares of ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after purchasing an additional 15 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on ASML shares. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report 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 on the stock in a research note on Thursday, January 30th. Finally, BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Trading Up 0.7 %

Shares of ASML opened at $667.34 on Wednesday. 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 Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The firm has a market cap of $262.55 billion, a price-to-earnings ratio of 32.08, a PEG ratio of 1.62 and a beta of 1.54. The business’s fifty day moving average is $723.68 and its 200-day moving average is $729.51.

ASML (NASDAQ:ASML) last issued 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%. Equities analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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