ASML Holding (NASDAQ:ASML) Shares Purchased by Prossimo Advisors LLC

Prossimo Advisors LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 5.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,472 shares of the semiconductor company’s stock after acquiring an additional 74 shares during the quarter. ASML makes up approximately 2.4% of Prossimo Advisors LLC’s holdings, making the stock its 10th largest position. Prossimo Advisors LLC’s holdings in ASML were worth $1,114,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ASML. Bank of New York Mellon Corp increased its position in shares of ASML by 3.6% during the third quarter. Bank of New York Mellon Corp now owns 226,483 shares of the semiconductor company’s stock valued at $133,321,000 after purchasing an additional 7,966 shares during the period. Brighton Jones LLC boosted its position in shares of ASML by 13.0% during the third quarter. Brighton Jones LLC now owns 436 shares of the semiconductor company’s stock worth $257,000 after purchasing an additional 50 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of ASML by 13.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 159,280 shares of the semiconductor company’s stock valued at $93,762,000 after purchasing an additional 18,816 shares during the period. NBT Bank N A NY bought a new stake in ASML in the 3rd quarter valued at $230,000. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of ASML by 8.6% in the third quarter. Chicago Partners Investment Group LLC now owns 1,344 shares of the semiconductor company’s stock valued at $790,000 after purchasing an additional 106 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML traded up $16.43 during trading hours on Friday, reaching $929.97. The stock had a trading volume of 537,978 shares, compared to its average volume of 1,192,183. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,056.34. The company’s 50-day moving average is $948.52 and its two-hundred day moving average is $823.05. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The stock has a market capitalization of $366.96 billion, a PE ratio of 47.55, a PEG ratio of 2.25 and a beta of 1.49.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.54. The firm had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Research analysts expect that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were paid a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio is 32.53%.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent research reports. HSBC began coverage on ASML in a research report on Thursday, February 22nd. They issued a “buy” rating on the stock. Susquehanna upped their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Raymond James increased their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Finally, Sanford C. Bernstein decreased their target price 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. 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. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price 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.