Valmark Advisers Inc. Invests $376,000 in ASML Holding (NASDAQ:ASML)

Valmark Advisers Inc. acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 497 shares of the semiconductor company’s stock, valued at approximately $376,000.

Several other institutional investors have also modified their holdings of ASML. Toth Financial Advisory Corp grew its stake in shares of ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares during the period. Slow Capital Inc. grew its stake in shares of ASML by 0.3% during the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after purchasing an additional 13 shares during the period. Alera Investment Advisors LLC grew its stake in shares of ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after purchasing an additional 14 shares during the period. Marcum Wealth LLC grew its stake in shares of ASML by 3.2% during the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock worth $362,000 after purchasing an additional 15 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the topic of several recent research reports. Susquehanna boosted their price objective on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research report on Friday, January 26th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. HSBC initiated coverage on shares of ASML in a research report on Thursday, February 22nd. They issued a “buy” rating on the stock. Sanford C. Bernstein decreased their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Finally, Wells Fargo & Company upped their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Stock Up 1.8 %

Shares of NASDAQ:ASML opened at $918.97 on Monday. 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 Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a 50 day moving average of $955.61 and a two-hundred day moving average of $807.34. The company has a market capitalization of $362.62 billion, a price-to-earnings ratio of 46.93, a price-to-earnings-growth ratio of 2.29 and a beta of 1.48.

ASML Cuts Dividend

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

ASML 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.