Greenwood Gearhart Inc. Purchases 1,085 Shares of ASML Holding (NASDAQ:ASML)

Greenwood Gearhart Inc. lifted its holdings in ASML Holding (NASDAQ:ASML) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,937 shares of the semiconductor company’s stock after buying an additional 1,085 shares during the period. Greenwood Gearhart Inc.’s holdings in ASML were worth $8,273,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Morse Asset Management Inc purchased a new position in ASML during the third quarter worth $52,000. Geode Capital Management LLC grew its holdings in ASML by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 80,290 shares of the semiconductor company’s stock valued at $66,902,000 after purchasing an additional 3,100 shares during the last quarter. Toronto Dominion Bank raised its position in ASML by 42.0% in the 3rd quarter. Toronto Dominion Bank now owns 1,615 shares of the semiconductor company’s stock worth $1,346,000 after purchasing an additional 478 shares during the period. Advisory Resource Group lifted its stake in ASML by 21.7% in the third quarter. Advisory Resource Group now owns 1,191 shares of the semiconductor company’s stock worth $992,000 after purchasing an additional 212 shares during the last quarter. Finally, Chelsea Counsel Co. bought a new position in ASML in the 3rd quarter valued at $417,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASML has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. decreased their target price 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, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Up 1.5 %

ASML stock opened at $683.16 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company’s 50-day simple moving average is $703.70 and its 200-day simple moving average is $716.63. The firm has a market cap of $268.77 billion, a P/E ratio of 32.84, a PEG ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML) last issued 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 return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is a positive change 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 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.