Arcadia Investment Management Corp MI Acquires 1,363 Shares of ASML Holding (NASDAQ:ASML)

Arcadia Investment Management Corp MI raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 17.8% during the fourth quarter, Holdings Channel reports. The fund owned 9,008 shares of the semiconductor company’s stock after buying an additional 1,363 shares during the period. Arcadia Investment Management Corp MI’s holdings in ASML were worth $6,243,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Fisher Asset Management LLC grew its holdings in shares of ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC boosted its holdings in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares in the last quarter. Van ECK Associates Corp boosted its holdings in ASML by 1.8% in the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after acquiring an additional 31,231 shares in the last quarter. Windacre Partnership LLC boosted its holdings in ASML by 4.0% in the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after acquiring an additional 491,096 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 0.2 %

Shares of NASDAQ:ASML opened at $743.09 on Friday. The stock has a 50 day moving average of $732.25 and a 200 day moving average of $759.97. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. 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 $292.35 billion, a PE ratio of 35.73, a price-to-earnings-growth ratio of 1.64 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is presently 25.67%.

Analyst Ratings Changes

ASML has been the subject of several recent research reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. JPMorgan Chase & Co. reduced their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Finally, Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two 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 stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $937.00.

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.