Promus Capital LLC Makes New Investment in ASML Holding (NASDAQ:ASML)

Promus Capital LLC bought a new position in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 86 shares of the semiconductor company’s stock, valued at approximately $60,000.

Other institutional investors have also bought and sold shares of the company. Fairway Wealth LLC purchased a new position in ASML in the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth approximately $28,000. Kennebec Savings Bank lifted its stake in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML during the 4th quarter valued at approximately $31,000. Finally, Brooklyn Investment Group purchased a new stake in shares of ASML during the 3rd quarter valued at approximately $43,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 4.5 %

ASML stock opened at $739.75 on Thursday. The firm has a 50 day moving average price of $732.90 and a 200 day moving average price of $750.03. The company has a market capitalization of $291.03 billion, a PE ratio of 35.56, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly 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 return on equity of 47.73% and a net margin of 26.78%. Research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Two investment 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 company. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Company 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.