ASML Holding (NASDAQ:ASML) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC reduced its position in shares of ASML Holding (NASDAQ:ASML) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,852 shares of the semiconductor company’s stock after selling 194 shares during the period. Valeo Financial Advisors LLC’s holdings in ASML were worth $1,283,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in 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 buying an additional 491,096 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in ASML in the third quarter valued at about $125,952,000. SG Americas Securities LLC grew its stake in ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after purchasing an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its holdings in ASML by 97,001.7% during the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after purchasing an additional 113,492 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of several research analyst reports. JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Finally, Sanford C. Bernstein cut 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 analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Down 3.3 %

NASDAQ:ASML opened at $751.55 on Friday. The firm has a market capitalization of $295.67 billion, a PE ratio of 36.13, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week 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 $729.36 and a 200-day moving average of $763.48.

ASML (NASDAQ:ASML) last issued its earnings results 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%. Analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be given a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio is 26.83%.

About ASML

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.