Lake Street Advisors Group LLC Has $1.76 Million Position in ASML Holding (NASDAQ:ASML)

Lake Street Advisors Group LLC trimmed its stake in shares of ASML Holding (NASDAQ:ASML) by 1.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,544 shares of the semiconductor company’s stock after selling 33 shares during the quarter. Lake Street Advisors Group LLC’s holdings in ASML were worth $1,763,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bradley & Co. Private Wealth Management LLC bought a new position in shares of ASML in the 4th quarter valued at $51,000. FourThought Financial Partners LLC increased its holdings in ASML by 2.2% in the 4th quarter. FourThought Financial Partners LLC now owns 10,293 shares of the semiconductor company’s stock worth $7,134,000 after purchasing an additional 218 shares in the last quarter. Blackhawk Capital Partners LLC. acquired a new position in ASML in the 4th quarter worth about $593,000. Mengis Capital Management Inc. bought a new position in ASML in the fourth quarter valued at about $1,781,000. Finally, Addison Advisors LLC boosted its stake in shares of ASML by 45.5% during the fourth quarter. Addison Advisors LLC now owns 211 shares of the semiconductor company’s stock valued at $146,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ASML. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Wells Fargo & Company boosted 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. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Performance

Shares of ASML opened at $746.93 on Thursday. The stock has a 50-day moving average of $733.34 and a 200-day moving average of $756.28. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market cap of $293.86 billion, a PE ratio of 35.91, a P/E/G ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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, equities research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. 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 presently 31.35%.

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.