Avidian Wealth Enterprises LLC Has $549,000 Holdings in ASML Holding (NASDAQ:ASML)

Avidian Wealth Enterprises LLC raised its position in shares of ASML Holding (NASDAQ:ASML) by 219.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 793 shares of the semiconductor company’s stock after purchasing an additional 545 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in ASML were worth $549,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fisher Asset Management LLC grew its position in shares of ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after buying an additional 31,879 shares during the period. Edgewood Management LLC lifted its holdings in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after purchasing an additional 70,776 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares in the last quarter. Windacre Partnership LLC lifted its holdings in shares of ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after purchasing an additional 491,096 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent research reports. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. 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 research note on Thursday, January 30th. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Finally, Sanford C. Bernstein dropped their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Trading Up 2.8 %

Shares of ASML stock opened at $776.99 on Friday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm has a market cap of $305.68 billion, a PE ratio of 37.36, a P/E/G ratio of 1.63 and a beta of 1.47. The stock has a fifty day moving average price of $727.20 and a 200-day moving average price of $764.22. 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 (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 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.