Segall Bryant & Hamill LLC Reduces Stock Position in ASML Holding (NASDAQ:ASML)

Segall Bryant & Hamill LLC decreased its holdings in ASML Holding (NASDAQ:ASML) by 23.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 12,269 shares of the semiconductor company’s stock after selling 3,808 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in ASML were worth $8,503,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ASML. Dillon & Associates Inc. lifted its holdings in ASML by 12.2% during the 4th quarter. Dillon & Associates Inc. now owns 1,682 shares of the semiconductor company’s stock valued at $1,166,000 after buying an additional 183 shares in the last quarter. Emerald Advisers LLC bought a new stake in shares of ASML during the fourth quarter valued at approximately $383,000. LPL Financial LLC boosted its holdings in shares of ASML by 18.7% in the fourth quarter. LPL Financial LLC now owns 171,269 shares of the semiconductor company’s stock valued at $119,094,000 after purchasing an additional 26,971 shares during the period. Blueprint Investment Partners LLC bought a new position in ASML in the fourth quarter worth approximately $241,000. Finally, Mosley Wealth Management increased its holdings in ASML by 23.2% during the 4th quarter. Mosley Wealth Management now owns 1,046 shares of the semiconductor company’s stock worth $745,000 after purchasing an additional 197 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. BNP Paribas started 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. JPMorgan Chase & Co. dropped 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. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Price Performance

NASDAQ:ASML opened at $705.76 on Thursday. The firm’s fifty day moving average is $730.29 and its two-hundred day moving average is $732.96. The firm has a market cap of $277.66 billion, a price-to-earnings ratio of 33.93, a PEG 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 company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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%. Research analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s payout ratio is 31.35%.

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.