Evexia Wealth LLC Takes Position in ASML Holding (NASDAQ:ASML)

Evexia Wealth LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 647 shares of the semiconductor company’s stock, valued at approximately $471,000.

Several other institutional investors also recently bought and sold shares of the business. Carnegie Investment Counsel increased its holdings in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of ASML during the fourth quarter worth about $1,174,000. State Street Corp raised its position in shares of ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after purchasing an additional 7,010 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in ASML by 36.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after buying an additional 7,073 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in ASML by 12.2% in the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock worth $6,764,000 after buying an additional 1,062 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ASML has been the topic of several research reports. Wells Fargo & Company raised their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research 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, JPMorgan Chase & Co. reduced their target price on shares of 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. 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. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Price Performance

ASML stock opened at $595.37 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market cap of $234.23 billion, a P/E ratio of 28.62, a PEG ratio of 1.62 and a beta of 1.67. The company has a 50-day moving average price of $711.14 and a 200 day moving average price of $722.20. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly 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 net margin of 26.78% and a return on equity of 47.73%. Sell-side analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a boost 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.