Journey Strategic Wealth LLC Lowers Holdings in ASML Holding (NASDAQ:ASML)

Journey Strategic Wealth LLC trimmed its position in shares of ASML Holding (NASDAQ:ASML) by 26.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 632 shares of the semiconductor company’s stock after selling 229 shares during the quarter. Journey Strategic Wealth LLC’s holdings in ASML were worth $438,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Fairway Wealth LLC bought a new stake in shares of ASML during the third quarter valued at approximately $25,000. Kennebec Savings Bank boosted its stake in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Milestone Investment Advisors LLC bought a new stake in shares of ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC raised its stake in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Albion Financial Group UT lifted its holdings in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ASML has been the subject of a number of recent analyst reports. Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Up 0.3 %

Shares of ASML stock opened at $739.31 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company’s fifty day moving average price is $719.37 and its 200-day moving average price is $773.48. The company has a market capitalization of $290.86 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.25 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced 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 50.53%. Sell-side analysts expect that ASML Holding will post 25.07 EPS for the current fiscal year.

ASML Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be given a dividend of $1.6414 per share. This represents a $6.57 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Monday, April 28th. ASML’s payout ratio is currently 26.83%.

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.