Jackson Hole Capital Partners LLC Makes New Investment in ASML Holding (NASDAQ:ASML)

Jackson Hole Capital Partners LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 516 shares of the semiconductor company’s stock, valued at approximately $358,000.

A number of other hedge funds also recently bought and sold shares of ASML. Concurrent Investment Advisors LLC raised its holdings in shares of ASML by 12.4% during the third quarter. Concurrent Investment Advisors LLC now owns 1,262 shares of the semiconductor company’s stock valued at $1,051,000 after acquiring an additional 139 shares during the last quarter. Graypoint LLC raised its holdings in shares of ASML by 54.8% during the third quarter. Graypoint LLC now owns 325 shares of the semiconductor company’s stock valued at $270,000 after acquiring an additional 115 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of ASML by 104.4% during the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after acquiring an additional 3,580 shares during the last quarter. Portside Wealth Group LLC raised its holdings in shares of ASML by 14.0% during the third quarter. Portside Wealth Group LLC now owns 1,340 shares of the semiconductor company’s stock valued at $1,117,000 after acquiring an additional 165 shares during the last quarter. Finally, Hollencrest Capital Management raised its holdings in shares of ASML by 17.5% during the third quarter. Hollencrest Capital Management now owns 336 shares of the semiconductor company’s stock valued at $280,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ:ASML opened at $732.22 on Friday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $288.07 billion, a P/E ratio of 35.20, a P/E/G ratio of 1.62 and a beta of 1.54. The stock’s fifty day moving average is $733.25 and its two-hundred day moving average is $747.14.

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

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 31.35%.

Analysts Set New Price Targets

A number of brokerages have commented on ASML. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price target 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. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML presently has a consensus 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.