Telos Capital Management Inc. Acquires 771 Shares of ASML Holding (NASDAQ:ASML)

Telos Capital Management Inc. boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 8.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,144 shares of the semiconductor company’s stock after purchasing an additional 771 shares during the period. Telos Capital Management Inc.’s holdings in ASML were worth $7,031,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its stake in ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in ASML during the fourth quarter worth $1,174,000. Taurus Asset Management LLC bought a new stake in ASML during the third quarter worth $16,994,000. State Street Corp lifted its stake in shares of ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after acquiring an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. lifted its stake in shares of ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after acquiring an additional 1,032 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

NASDAQ ASML opened at $739.13 on Friday. The company has a market capitalization of $290.79 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 1.62 and a beta of 1.47. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a fifty day simple moving average of $722.93 and a 200 day simple moving average of $769.66. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts expect that ASML Holding will post 25.31 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $937.00.

About ASML

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.