Lindbrook Capital LLC raised its stake in ASML Holding (NASDAQ:ASML – Free Report) by 8.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,043 shares of the semiconductor company’s stock after buying an additional 160 shares during the quarter. Lindbrook Capital LLC’s holdings in ASML were worth $1,416,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in ASML in the third quarter valued at $25,000. Kennebec Savings Bank increased its holdings in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. Milestone Investment Advisors LLC acquired a new position in shares of ASML during the third quarter valued at $28,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML during the fourth quarter valued at $31,000. Finally, Albion Financial Group UT increased its holdings in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the period. 26.07% of the stock is currently owned by institutional investors.
ASML Price Performance
Shares of ASML stock opened at $739.75 on Thursday. 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’s 50-day moving average price is $732.90 and its two-hundred day moving average price is $750.03. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a market cap of $291.03 billion, a PE ratio of 35.56, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54.
ASML Increases Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on ASML shares. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Finally, Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.
View Our Latest Research Report on ASML
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.
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