323 Shares in ASML Holding (NASDAQ:ASML) Bought by MONECO Advisors LLC

MONECO Advisors LLC purchased a new stake in ASML Holding (NASDAQ:ASML) in the 4th quarter, HoldingsChannel reports. The fund purchased 323 shares of the semiconductor company’s stock, valued at approximately $244,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Townsquare Capital LLC increased its stake in ASML by 11.5% in the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after purchasing an additional 881 shares in the last quarter. Savoie Capital LLC bought a new stake in ASML in the third quarter valued at $14,658,000. International Assets Investment Management LLC increased its stake in ASML by 48,040.7% in the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after purchasing an additional 245,488 shares in the last quarter. CenterBook Partners LP increased its stake in ASML by 69.2% in the third quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock valued at $6,787,000 after purchasing an additional 4,716 shares in the last quarter. Finally, Griffin Asset Management Inc. increased its stake in ASML by 9.3% in the fourth quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock valued at $14,842,000 after purchasing an additional 1,661 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

Shares of NASDAQ:ASML traded up $21.09 during mid-day trading on Monday, reaching $1,048.99. The company had a trading volume of 552,617 shares, compared to its average volume of 1,142,627. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The firm has a market cap of $413.92 billion, a price-to-earnings ratio of 52.86, a PEG ratio of 2.17 and a beta of 1.49. The company’s 50-day moving average price is $947.08 and its 200-day moving average price is $885.52. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, equities research analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.51%. ASML’s payout ratio is 32.53%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Sanford C. Bernstein reduced their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. HSBC assumed coverage on shares of ASML in a report on Thursday, February 22nd. They set a “buy” rating for the company. Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They set an “outperform” rating for the company. Wells Fargo & Company lifted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,043.00.

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.