ASML Holding (NASDAQ:ASML) Shares Bought by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. raised its stake in ASML Holding (NASDAQ:ASML) by 105.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 776 shares of the semiconductor company’s stock after buying an additional 399 shares during the quarter. Institute for Wealth Management LLC.’s holdings in ASML were worth $538,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC boosted its position in shares of ASML by 41.1% during the second quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company’s stock worth $2,019,000 after buying an additional 575 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of ASML by 278.7% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 21,106 shares of the semiconductor company’s stock worth $21,586,000 after buying an additional 15,532 shares during the period. Anchor Investment Management LLC boosted its position in shares of ASML by 20.9% during the second quarter. Anchor Investment Management LLC now owns 1,221 shares of the semiconductor company’s stock worth $1,249,000 after buying an additional 211 shares during the period. Centaurus Financial Inc. boosted its position in shares of ASML by 59.1% during the second quarter. Centaurus Financial Inc. now owns 1,629 shares of the semiconductor company’s stock worth $1,666,000 after buying an additional 605 shares during the period. Finally, Trinity Financial Advisors LLC boosted its position in shares of ASML by 24.9% during the third quarter. Trinity Financial Advisors LLC now owns 502 shares of the semiconductor company’s stock worth $433,000 after buying an additional 100 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

NASDAQ ASML opened at $739.31 on Friday. The stock has a market capitalization of $290.86 billion, a P/E ratio of 35.54, a P/E/G ratio of 2.25 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The business’s fifty day moving average is $718.04 and its two-hundred day moving average is $777.78. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, research analysts forecast that ASML Holding will post 25.07 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a dividend of $1.6414 per share. This is an increase from ASML’s previous quarterly dividend of $1.41. This represents a $6.57 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Monday, April 28th. ASML’s payout ratio is 26.83%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday. Susquehanna cut 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. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus 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.