Horizon Investments LLC Has $751,000 Holdings in ASML Holding (NASDAQ:ASML)

Horizon Investments LLC trimmed its position in ASML Holding (NASDAQ:ASML) by 35.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,083 shares of the semiconductor company’s stock after selling 599 shares during the period. Horizon Investments LLC’s holdings in ASML were worth $751,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in ASML. Advisors Asset Management Inc. boosted its stake in ASML by 1.3% in the 4th quarter. Advisors Asset Management Inc. now owns 3,095 shares of the semiconductor company’s stock worth $2,145,000 after purchasing an additional 41 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of ASML by 42.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 4,437 shares of the semiconductor company’s stock worth $3,049,000 after buying an additional 1,329 shares during the period. PDS Planning Inc boosted its position in shares of ASML by 2.0% in the fourth quarter. PDS Planning Inc now owns 1,357 shares of the semiconductor company’s stock worth $941,000 after buying an additional 27 shares during the period. Signaturefd LLC grew its holdings in shares of ASML by 6.5% during the fourth quarter. Signaturefd LLC now owns 7,326 shares of the semiconductor company’s stock valued at $5,077,000 after buying an additional 446 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in ASML by 3.2% during the fourth quarter. Parallel Advisors LLC now owns 2,550 shares of the semiconductor company’s stock valued at $1,767,000 after buying an additional 79 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 0.5 %

ASML stock opened at $734.91 on Thursday. The firm has a market cap of $289.13 billion, a PE ratio of 35.33, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a fifty day simple moving average of $731.54 and a 200 day simple moving average of $736.45. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is currently 31.35%.

Analysts Set New Price Targets

A number of equities research analysts have commented on ASML shares. JPMorgan Chase & Co. decreased their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company lifted 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. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $937.00.

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.