Threadgill Financial LLC Takes $265,000 Position in ASML Holding (NASDAQ:ASML)

Threadgill Financial LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 383 shares of the semiconductor company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Armstrong Advisory Group Inc. increased its position in shares of ASML by 24.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 12 shares during the last quarter. Matrix Private Capital Group LLC increased its holdings in ASML by 5.5% during the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock valued at $254,000 after buying an additional 13 shares during the last quarter. Bruce G. Allen Investments LLC raised its position in ASML by 21.2% in the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock worth $67,000 after acquiring an additional 14 shares during the period. Fortitude Family Office LLC boosted its stake in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after acquiring an additional 15 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML opened at $739.01 on Monday. The stock has a market capitalization of $290.74 billion, a price-to-earnings ratio of 38.69, a PEG ratio of 2.07 and a beta of 1.47. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a fifty day moving average of $699.90 and a 200 day moving average of $805.98.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. As a group, sell-side analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.76%. ASML’s dividend payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. 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 report on Friday, November 29th. Susquehanna lowered their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Wells Fargo & Company lowered their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $943.83.

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.