ASML Holding (NASDAQ:ASML) Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its stake in ASML Holding (NASDAQ:ASML) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,917 shares of the semiconductor company’s stock after purchasing an additional 58 shares during the quarter. Kingsview Wealth Management LLC’s holdings in ASML were worth $1,329,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Chronos Wealth Management LLC acquired a new position in shares of ASML in the 4th quarter worth approximately $4,487,000. Apollon Wealth Management LLC lifted its holdings in shares of ASML by 14.8% in the 4th quarter. Apollon Wealth Management LLC now owns 8,002 shares of the semiconductor company’s stock worth $5,546,000 after acquiring an additional 1,034 shares during the last quarter. Vest Financial LLC lifted its holdings in shares of ASML by 37.1% in the 4th quarter. Vest Financial LLC now owns 735 shares of the semiconductor company’s stock worth $509,000 after acquiring an additional 199 shares during the last quarter. BayBridge Capital Group LLC lifted its holdings in shares of ASML by 4.3% in the 4th quarter. BayBridge Capital Group LLC now owns 1,330 shares of the semiconductor company’s stock worth $922,000 after acquiring an additional 55 shares during the last quarter. Finally, Triasima Portfolio Management inc. acquired a new position in shares of ASML in the 4th quarter worth approximately $1,363,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein cut their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Three equities research 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Up 1.2 %

Shares of NASDAQ:ASML opened at $752.98 on Wednesday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company’s 50 day moving average is $725.78 and its two-hundred day moving average is $765.23. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market cap of $296.24 billion, a PE ratio of 36.20, a P/E/G ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is 26.83%.

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.