AAFMAA Wealth Management & Trust LLC Buys 323 Shares of ASML Holding (NASDAQ:ASML)

AAFMAA Wealth Management & Trust LLC increased its stake in ASML Holding (NASDAQ:ASMLFree Report) by 30.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,383 shares of the semiconductor company’s stock after buying an additional 323 shares during the period. AAFMAA Wealth Management & Trust LLC’s holdings in ASML were worth $959,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Resources Management Corp CT ADV bought a new stake in shares of ASML in the 2nd quarter valued at $26,000. Fairway Wealth LLC acquired a new stake in ASML during the 3rd quarter worth about $25,000. Milestone Investment Advisors LLC acquired a new position in shares of ASML in the 3rd quarter valued at about $28,000. Fortitude Family Office LLC lifted its stake in shares of ASML by 46.9% in 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 period. Finally, Brooklyn Investment Group acquired a new stake in ASML during the third quarter worth approximately $43,000. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ASML has been the topic of a number of research analyst reports. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Finally, Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $955.50.

Check Out Our Latest Analysis on ASML

ASML Price Performance

Shares of NASDAQ:ASML opened at $727.41 on Tuesday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a market cap of $286.18 billion, a PE ratio of 38.08, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47. The stock’s fifty day simple moving average is $701.02 and its two-hundred day simple moving average is $803.87.

ASML (NASDAQ:ASMLGet Free Report) last posted its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders 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 0.77%. ASML’s dividend payout ratio is currently 29.21%.

About ASML

(Free Report)

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.

Read More

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASMLFree Report).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.