527 Shares in ASML Holding (NASDAQ:ASML) Acquired by Michael S. Ryan Inc.

Michael S. Ryan Inc. acquired a new stake in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 527 shares of the semiconductor company’s stock, valued at approximately $365,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fairway Wealth LLC bought a new stake in ASML in the third quarter worth $25,000. Resources Management Corp CT ADV purchased a new stake in shares of ASML during the 2nd quarter valued at about $26,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the 3rd quarter valued at about $28,000. Fortitude Family Office LLC grew its position in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in ASML during the third quarter worth approximately $43,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.8 %

NASDAQ ASML traded down $13.60 on Wednesday, reaching $743.98. 1,128,283 shares of the stock traded hands, compared to its average volume of 1,510,472. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a market cap of $292.70 billion, a price-to-earnings ratio of 38.95, a PEG ratio of 2.07 and a beta of 1.47. The company has a fifty day moving average price of $695.98 and a 200-day moving average price of $811.72. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The firm had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. As a group, research analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.76%. ASML’s dividend payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ASML shares. Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Susquehanna cut their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $943.83.

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.