OLD Mission Capital LLC Has $6.27 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

OLD Mission Capital LLC decreased its stake in ASML Holding (NASDAQ:ASML) by 70.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,050 shares of the semiconductor company’s stock after selling 21,811 shares during the quarter. OLD Mission Capital LLC’s holdings in ASML were worth $6,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. Kennebec Savings Bank increased its stake in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the period. Wellington Shields & Co. LLC increased its position in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the fourth quarter valued at $31,000. Itau Unibanco Holding S.A. acquired a new position in shares of ASML during the third quarter worth $43,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of ASML in the third quarter worth $44,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.8 %

ASML stock opened at $662.63 on Tuesday. The company has a market capitalization of $260.69 billion, a PE ratio of 31.86, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The firm’s fifty day moving average is $725.59 and its 200 day moving average is $730.56. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. As a group, sell-side analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s payout ratio is currently 31.35%.

Analyst Ratings Changes

Several brokerages have commented on ASML. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. cut their price objective 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. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Company 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.