Outlook Wealth Advisors LLC Acquires 76 Shares of ASML Holding (NASDAQ:ASML)

Outlook Wealth Advisors LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 20.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 441 shares of the semiconductor company’s stock after buying an additional 76 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in ASML were worth $428,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Van ECK Associates Corp boosted its holdings in shares of ASML by 34.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after purchasing an additional 274,562 shares during the period. International Assets Investment Management LLC boosted its stake in ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after buying an additional 245,488 shares during the period. Wellington Management Group LLP increased its position in ASML by 35.6% during the fourth quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock valued at $587,951,000 after acquiring an additional 203,860 shares during the last quarter. Kodai Capital Management LP bought a new position in ASML during the fourth quarter valued at $150,318,000. Finally, Barclays PLC raised its stake in shares of ASML by 106.5% in the third quarter. Barclays PLC now owns 336,956 shares of the semiconductor company’s stock valued at $198,353,000 after acquiring an additional 173,813 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 2.0 %

Shares of ASML stock traded up $18.32 during trading on Friday, hitting $918.97. 865,078 shares of the stock traded hands, compared to its average volume of 1,204,430. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The stock’s fifty day simple moving average is $955.61 and its 200 day simple moving average is $804.52. The firm has a market cap of $362.62 billion, a P/E ratio of 46.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.48. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. ASML had a net margin of 27.23% and a return on equity of 56.99%. The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. On average, equities analysts predict that ASML Holding will post 20.04 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s payout ratio is 27.02%.

Wall Street Analysts Forecast Growth

ASML has been the topic of several analyst reports. HSBC initiated coverage on shares of ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Cantor Fitzgerald started coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Wells Fargo & Company upped their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

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.