Angeles Investment Advisors LLC lowered its position in ASML Holding (NASDAQ:ASML – Free Report) by 60.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 444 shares of the semiconductor company’s stock after selling 688 shares during the quarter. Angeles Investment Advisors LLC’s holdings in ASML were worth $308,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its holdings in ASML by 34.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 3,108 shares of the semiconductor company’s stock valued at $2,589,000 after purchasing an additional 802 shares in the last quarter. Citizens Financial Group Inc. RI grew its stake in shares of ASML by 33.0% in the third quarter. Citizens Financial Group Inc. RI now owns 262 shares of the semiconductor company’s stock valued at $218,000 after buying an additional 65 shares in the last quarter. King Luther Capital Management Corp grew its stake in shares of ASML by 6.5% in the third quarter. King Luther Capital Management Corp now owns 1,121 shares of the semiconductor company’s stock valued at $934,000 after buying an additional 68 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of ASML by 6.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 49,472 shares of the semiconductor company’s stock valued at $41,223,000 after buying an additional 3,000 shares during the period. Finally, Raymond James Trust N.A. lifted its position in ASML by 1.1% during the 3rd quarter. Raymond James Trust N.A. now owns 3,237 shares of the semiconductor company’s stock worth $2,697,000 after acquiring an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Stock Down 2.4 %
NASDAQ:ASML opened at $716.22 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a market capitalization of $281.78 billion, a price-to-earnings ratio of 34.43, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock has a 50-day simple moving average of $730.88 and a 200 day simple moving average of $733.81.
ASML Increases Dividend
The firm 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 an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 31.35%.
Wall Street Analysts Forecast Growth
ASML has been the topic of a number of analyst reports. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Sanford C. Bernstein cut their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Wells Fargo & Company raised their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price target 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. Two research analysts have rated the stock with a hold rating, eight have assigned 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 a consensus target price of $937.00.
Check Out Our Latest Analysis on ASML
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.
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