Integrated Advisors Network LLC decreased its holdings in ASML Holding (NASDAQ:ASML – Get Rating) by 40.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 440 shares of the semiconductor company’s stock after selling 301 shares during the period. Integrated Advisors Network LLC’s holdings in ASML were worth $240,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of ASML. Mirae Asset Global Investments Co. Ltd. raised its holdings in ASML by 14.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,923 shares of the semiconductor company’s stock valued at $153,573,000 after buying an additional 29,290 shares during the period. Blair William & Co. IL raised its stake in shares of ASML by 5.5% during the first quarter. Blair William & Co. IL now owns 6,391 shares of the semiconductor company’s stock valued at $4,230,000 after purchasing an additional 336 shares during the period. Cetera Investment Advisers raised its stake in shares of ASML by 13.3% during the first quarter. Cetera Investment Advisers now owns 4,266 shares of the semiconductor company’s stock valued at $2,849,000 after purchasing an additional 502 shares during the period. Moors & Cabot Inc. purchased a new stake in shares of ASML during the first quarter valued at approximately $264,000. Finally, Dakota Wealth Management raised its stake in shares of ASML by 35.2% during the first quarter. Dakota Wealth Management now owns 426 shares of the semiconductor company’s stock valued at $284,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 18.61% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently issued reports on ASML shares. StockNews.com started coverage on shares of ASML in a research note on Thursday, March 16th. They set a “buy” rating on the stock. Barclays initiated coverage on shares of ASML in a research note on Tuesday, January 17th. They set an “equal weight” rating on the stock. JPMorgan Chase & Co. lifted their price target on shares of ASML from $710.00 to $752.00 and gave the stock an “overweight” rating in a research note on Thursday, January 26th. Argus lifted their price target on shares of ASML from $590.00 to $775.00 and gave the stock a “buy” rating in a research note on Thursday, January 26th. Finally, Sanford C. Bernstein initiated coverage on shares of ASML in a research note on Wednesday, January 18th. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $688.92.
ASML Stock Performance
ASML (NASDAQ:ASML – Get Rating) last announced its quarterly earnings results on Wednesday, January 25th. The semiconductor company reported $4.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.62 by $0.08. ASML had a net margin of 28.22% and a return on equity of 84.55%. The company had revenue of $6.57 billion during the quarter. Research analysts expect that ASML Holding will post 20.39 earnings per share for the current year.
ASML Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 10th. Stockholders of record on Tuesday, May 2nd will be issued a dividend of $1.267 per share. This represents a $5.07 annualized dividend and a dividend yield of 0.80%. The ex-dividend date is Monday, May 1st. ASML’s dividend payout ratio (DPR) is 27.62%.
ASML Company Profile
ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.
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