American Money Management LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

American Money Management LLC raised its holdings in ASML Holding (NASDAQ:ASML) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,806 shares of the semiconductor company’s stock after buying an additional 151 shares during the quarter. American Money Management LLC’s holdings in ASML were worth $5,410,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ASML. Kennebec Savings Bank raised its position in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC increased its stake in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML in the fourth quarter worth $31,000. Albion Financial Group UT lifted its stake in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after buying an additional 32 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in shares of ASML during the fourth quarter valued at $39,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 2.3 %

Shares of ASML stock opened at $674.58 on Friday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market cap of $265.39 billion, a P/E ratio of 32.43, a P/E/G ratio of 1.62 and a beta of 1.54. The stock has a 50 day moving average of $727.46 and a 200 day moving average of $732.01. 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 (NASDAQ:ASML) last posted its 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 net margin of 26.78% and a return on equity of 47.73%. As a group, sell-side analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio is presently 31.35%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ASML shares. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price 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. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.