Prosperity Consulting Group LLC Acquires 73 Shares of ASML Holding (NASDAQ:ASML)

Prosperity Consulting Group LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 3.4% during the fourth quarter, HoldingsChannel reports. The fund owned 2,250 shares of the semiconductor company’s stock after purchasing an additional 73 shares during the quarter. Prosperity Consulting Group LLC’s holdings in ASML were worth $1,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Kennebec Savings Bank raised its stake in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC raised its position in shares of 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 buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the 4th quarter worth $31,000. Albion Financial Group UT grew its position in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC bought a new position in ASML in the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Up 0.3 %

Shares of ASML opened at $677.27 on Friday. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $266.45 billion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The business’s 50 day moving average is $687.38 and its 200 day moving average is $706.55.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal 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 paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s payout ratio is presently 27.48%.

Analyst Ratings Changes

ASML has been the topic of a number of research reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. lowered their price target on shares of 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 analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $906.00.

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.