ASML Holding (NASDAQ:ASML) Shares Bought by Seven Mile Advisory

Seven Mile Advisory increased its position in shares of ASML Holding (NASDAQ:ASML) by 9.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 768 shares of the semiconductor company’s stock after purchasing an additional 67 shares during the quarter. Seven Mile Advisory’s holdings in ASML were worth $532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Charles Schwab Investment Management Inc. increased its stake in ASML by 6.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 49,472 shares of the semiconductor company’s stock valued at $41,223,000 after buying an additional 3,000 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in ASML by 56.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 565 shares of the semiconductor company’s stock worth $471,000 after purchasing an additional 205 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in ASML by 36.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,799 shares of the semiconductor company’s stock worth $5,665,000 after acquiring an additional 1,830 shares during the period. Northwest & Ethical Investments L.P. increased its stake in ASML by 70.4% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 230 shares of the semiconductor company’s stock valued at $192,000 after buying an additional 95 shares during the period. Finally, Fred Alger Management LLC raised its holdings in shares of ASML by 19.5% during the third quarter. Fred Alger Management LLC now owns 9,071 shares of the semiconductor company’s stock worth $7,558,000 after acquiring an additional 1,481 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 2.3 %

Shares of ASML stock opened at $674.58 on Monday. The stock has a market cap of $265.39 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The business has a fifty day simple moving average of $727.46 and a 200 day simple moving average of $731.53. 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 Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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%. Research analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s dividend payout ratio (DPR) is presently 31.35%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Finally, JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average 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.