Howard Bailey Securities LLC Acquires 45 Shares of ASML Holding (NASDAQ:ASML)

Howard Bailey Securities LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 16.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 314 shares of the semiconductor company’s stock after purchasing an additional 45 shares during the period. Howard Bailey Securities LLC’s holdings in ASML were worth $218,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Steigerwald Gordon & Koch Inc. grew its holdings in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC grew its holdings in ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 14 shares during the last quarter. Trust Point Inc. grew its holdings in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares during the last quarter. Fortitude Family Office LLC grew its holdings in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in ASML by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after purchasing an additional 15 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $756.17 on Thursday. The stock has a 50-day simple moving average of $726.48 and a 200 day simple moving average of $764.28. 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. The stock has a market capitalization of $297.49 billion, a price-to-earnings ratio of 36.35, a P/E/G ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, research analysts anticipate 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 Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Wall Street Analysts Forecast Growth

ASML has been the topic of several analyst reports. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered 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 research note on Thursday, January 30th. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, 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. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML 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.