Golden State Wealth Management LLC Buys Shares of 96 ASML Holding (NASDAQ:ASML)

Golden State Wealth Management LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 96 shares of the semiconductor company’s stock, valued at approximately $67,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in shares of ASML during the third quarter worth about $25,000. Milestone Investment Advisors LLC acquired a new position in ASML during the 3rd quarter worth approximately $28,000. Kennebec Savings Bank raised its holdings 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 purchasing an additional 25 shares during the last quarter. Fortitude Family Office LLC lifted its position in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in ASML during the 3rd quarter worth about $43,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $744.08 on Tuesday. The business’s 50 day moving average is $725.13 and its 200-day moving average is $766.07. The firm has a market cap of $292.74 billion, a P/E ratio of 35.77, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year 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.

ASML (NASDAQ:ASML) last posted 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 return on equity of 47.73% and a net margin of 26.78%. Equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 26.83%.

Wall Street Analyst Weigh In

ASML has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price target 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. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. 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 company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.