ASML Holding (NASDAQ:ASML) Shares Sold by Y.D. More Investments Ltd

Y.D. More Investments Ltd cut its position in shares of ASML Holding (NASDAQ:ASML) by 57.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,206 shares of the semiconductor company’s stock after selling 4,394 shares during the period. Y.D. More Investments Ltd’s holdings in ASML were worth $2,222,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Carnegie Investment Counsel lifted its holdings in shares of ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in ASML during the fourth quarter valued at $1,174,000. Taurus Asset Management LLC purchased a new stake in ASML in the 3rd quarter worth about $16,994,000. State Street Corp boosted its position in ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after acquiring an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. grew its stake in ASML by 7.2% during the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after acquiring an additional 1,032 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Up 0.0 %

ASML stock opened at $731.41 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm has a fifty day moving average price of $720.30 and a two-hundred day moving average price of $771.01. The firm has a market cap of $287.75 billion, a price-to-earnings ratio of 35.16, a P/E/G ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its 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%. As a group, analysts forecast that ASML Holding will post 25.31 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be paid a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ASML shares. Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. dropped their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Susquehanna decreased their target price on shares of 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. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.