ASML Holding (NASDAQ:ASML) Shares Acquired by Golden State Equity Partners

Golden State Equity Partners lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 6.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 612 shares of the semiconductor company’s stock after acquiring an additional 38 shares during the quarter. Golden State Equity Partners’ holdings in ASML were worth $463,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FMR LLC grew its position in ASML by 3.6% in the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after buying an additional 126,413 shares during the last quarter. Sands Capital Management LLC grew its position in ASML by 7.6% in the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock worth $880,186,000 after buying an additional 105,339 shares during the last quarter. Clearbridge Investments LLC grew its position in ASML by 2.0% in the third quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock worth $714,971,000 after buying an additional 23,783 shares during the last quarter. Jennison Associates LLC grew its position in ASML by 15.3% in the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after buying an additional 151,844 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in ASML by 34.6% in the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after buying an additional 274,562 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 2.0 %

Shares of NASDAQ:ASML opened at $918.97 on Friday. The firm has a fifty day moving average of $955.61 and a two-hundred day moving average of $805.93. The firm has a market capitalization of $362.62 billion, a P/E ratio of 46.93, a price-to-earnings-growth ratio of 2.29 and a beta of 1.48. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. On average, equities analysts expect that ASML Holding will post 20.04 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be paid a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 27.02%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. HSBC initiated coverage on shares of ASML in a research report on Thursday, February 22nd. They issued a “buy” rating on the stock. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Raymond James raised their price objective on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

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.