Simplicity Wealth LLC Takes Position in ASML Holding (NASDAQ:ASML)

Simplicity Wealth LLC purchased a new stake in ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel reports. The firm purchased 353 shares of the semiconductor company’s stock, valued at approximately $245,000.

A number of other institutional investors have also made changes to their positions in the company. Carnegie Investment Counsel grew its stake in ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in ASML during the 4th quarter worth $1,174,000. Taurus Asset Management LLC bought a new position in ASML during the 3rd quarter worth $16,994,000. State Street Corp grew its stake in ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after buying an additional 7,010 shares during the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock worth $18,243,000 after buying an additional 7,073 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 6.7 %

NASDAQ:ASML opened at $683.11 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market cap of $268.75 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 1.62 and a beta of 1.54. The business has a fifty day moving average of $732.99 and a 200-day moving average of $744.18. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. Equities analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

Analysts Set New Price Targets

ASML has been the subject of a number of recent research reports. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective 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 decreased 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. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased 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. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Company 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.