Dohj LLC Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

Dohj LLC increased its stake in shares of ASML Holding (NASDAQ:ASML) by 131.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,193 shares of the semiconductor company’s stock after acquiring an additional 678 shares during the period. Dohj LLC’s holdings in ASML were worth $1,157,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Beaird Harris Wealth Management LLC purchased a new position in shares of ASML during the fourth quarter worth about $34,000. Creative Financial Designs Inc. ADV grew its holdings in shares of ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of ASML during the fourth quarter worth about $44,000. Bruce G. Allen Investments LLC purchased a new position in shares of ASML during the fourth quarter worth about $49,000. Finally, First Financial Corp IN purchased a new stake in ASML in the 1st quarter valued at approximately $49,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock traded up $0.96 during midday trading on Friday, reaching $1,028.97. 393,028 shares of the company traded hands, compared to its average volume of 1,133,211. The firm’s 50 day simple moving average is $958.36 and its two-hundred day simple moving average is $903.50. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The firm has a market cap of $406.02 billion, a PE ratio of 53.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The firm had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. On average, equities research analysts expect that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.52%. ASML’s dividend payout ratio is currently 32.53%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Evercore ISI assumed coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Wells Fargo & Company lifted their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Finally, Sanford C. Bernstein lowered their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Three 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 stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,043.00.

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.