Checchi Capital Advisers LLC Reduces Stock Holdings in ASML Holding (NASDAQ:ASML)

Checchi Capital Advisers LLC trimmed its holdings in shares of ASML Holding (NASDAQ:ASML) by 2.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,816 shares of the semiconductor company’s stock after selling 39 shares during the period. Checchi Capital Advisers LLC’s holdings in ASML were worth $1,259,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Fairway Wealth LLC purchased a new stake in ASML during the 3rd quarter valued at about $25,000. Milestone Investment Advisors LLC purchased a new stake in ASML during the 3rd quarter valued at about $28,000. Kennebec Savings Bank grew 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. Fortitude Family Office LLC grew its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in ASML during the 3rd quarter valued at about $43,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent research reports. BNP Paribas initiated 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. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. lowered their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Performance

NASDAQ ASML opened at $746.93 on Thursday. The stock has a market capitalization of $293.86 billion, a price-to-earnings ratio of 35.91, a PEG ratio of 1.62 and a beta of 1.47. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average of $733.34 and a 200 day moving average of $756.28.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. Sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is presently 31.35%.

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.