Tradewinds Capital Management LLC Grows Stock Position in ASML Holding (NASDAQ:ASML)

Tradewinds Capital Management LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 96.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59 shares of the semiconductor company’s stock after acquiring an additional 29 shares during the quarter. Tradewinds Capital Management LLC’s holdings in ASML were worth $41,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in shares of ASML by 34.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,823 shares of the semiconductor company’s stock valued at $4,852,000 after purchasing an additional 1,503 shares in the last quarter. Private Advisor Group LLC raised its position in shares of ASML by 1.3% in the 3rd quarter. Private Advisor Group LLC now owns 4,985 shares of the semiconductor company’s stock valued at $4,153,000 after purchasing an additional 65 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of ASML by 30.8% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 1,500 shares of the semiconductor company’s stock valued at $1,250,000 after acquiring an additional 353 shares in the last quarter. Global Trust Asset Management LLC raised its position in shares of ASML by 66.5% during the 3rd quarter. Global Trust Asset Management LLC now owns 258 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 103 shares in the last quarter. Finally, Tectonic Advisors LLC raised its position in shares of ASML by 49.3% during the 3rd quarter. Tectonic Advisors LLC now owns 442 shares of the semiconductor company’s stock valued at $368,000 after acquiring an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.8 %

Shares of ASML stock opened at $737.01 on Friday. The stock has a 50-day simple moving average of $732.62 and a 200 day simple moving average of $758.80. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock has a market capitalization of $289.95 billion, a P/E ratio of 35.43, a P/E/G ratio of 1.64 and a beta of 1.47. 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 (NASDAQ:ASML) last announced 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%. On average, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is currently 25.67%.

Wall Street Analyst Weigh In

ASML has been the topic of several research reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered their price objective 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. 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, BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.