2,404 Shares in ASML Holding (NASDAQ:ASML) Bought by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC bought a new position in shares of ASML Holding (NASDAQ:ASMLFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,404 shares of the semiconductor company’s stock, valued at approximately $1,820,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its position in shares of ASML by 48.4% during the fourth 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 last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of ASML during the fourth quarter valued at $44,000. Catalyst Capital Advisors LLC increased its stake in shares of ASML by 35.4% during the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 17 shares during the period. Bruce G. Allen Investments LLC purchased a new position in shares of ASML during the fourth quarter valued at $49,000. Finally, NBC Securities Inc. purchased a new position in shares of ASML during the third quarter valued at $47,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

Shares of ASML stock traded up $84.35 on Wednesday, reaching $1,035.16. 1,820,320 shares of the stock were exchanged, compared to its average volume of 1,147,580. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The firm has a market capitalization of $408.46 billion, a price-to-earnings ratio of 51.74, a PEG ratio of 2.40 and a beta of 1.49. The business has a 50 day moving average price of $935.84 and a two-hundred day moving average price of $865.40. 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:ASMLGet Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Analysts anticipate that ASML Holding will post 20.12 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were paid a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.52%. The ex-dividend date was Friday, April 26th. ASML’s payout ratio is 32.53%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ASML shares. Evercore ISI started coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating on the stock. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. HSBC assumed coverage on ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Sanford C. Bernstein cut their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Finally, Wells Fargo & Company lifted their target price on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Four 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 stock. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,036.00.

View Our Latest Report on ASML

ASML Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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