Blue Barn Wealth LLC Has $313,000 Holdings in ASML Holding (NASDAQ:ASML)

Blue Barn Wealth LLC decreased its stake in ASML Holding (NASDAQ:ASML) by 8.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 413 shares of the semiconductor company’s stock after selling 38 shares during the quarter. Blue Barn Wealth LLC’s holdings in ASML were worth $313,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in ASML by 16.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,168 shares of the semiconductor company’s stock valued at $28,133,000 after buying an additional 5,297 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in ASML in the 4th quarter valued at $313,000. Apollon Wealth Management LLC grew its holdings in shares of ASML by 27.3% during the fourth quarter. Apollon Wealth Management LLC now owns 6,284 shares of the semiconductor company’s stock worth $4,757,000 after purchasing an additional 1,348 shares during the last quarter. Lincoln National Corp increased its stake in shares of ASML by 3.7% in the fourth quarter. Lincoln National Corp now owns 975 shares of the semiconductor company’s stock valued at $738,000 after buying an additional 35 shares in the last quarter. Finally, Gavilan Investment Partners LLC bought a new position in shares of ASML in the fourth quarter worth about $12,262,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

ASML stock traded up $3.25 during trading hours on Wednesday, hitting $911.47. The company had a trading volume of 533,747 shares, compared to its average volume of 1,204,415. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34. The firm has a market cap of $359.66 billion, a PE ratio of 46.72, a PEG ratio of 2.25 and a beta of 1.49. The firm has a 50-day moving average of $949.84 and a 200 day moving average of $821.79. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.59%. ASML’s dividend payout ratio is presently 32.53%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. 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 research report on Tuesday, April 2nd. Sanford C. Bernstein dropped their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Raymond James raised their price objective on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Finally, Cantor Fitzgerald initiated coverage on ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

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.