SRS Capital Advisors Inc. Purchases 1,497 Shares of ASML Holding (NASDAQ:ASML)

SRS Capital Advisors Inc. raised its position in shares of ASML Holding (NASDAQ:ASML) by 148.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,506 shares of the semiconductor company’s stock after purchasing an additional 1,497 shares during the period. SRS Capital Advisors Inc.’s holdings in ASML were worth $1,737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Fairway Wealth LLC purchased a new position in shares of ASML during the third quarter valued at $25,000. Kennebec Savings Bank increased its position in ASML by 227.3% during the 4th 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 purchased a new position in ASML during the 3rd quarter valued at about $28,000. Halbert Hargrove Global Advisors LLC purchased a new position in ASML during the 4th quarter valued at about $31,000. Finally, Albion Financial Group UT increased its position in ASML by 133.3% during the 4th 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 hedge funds and other institutional investors.

ASML Trading Up 1.6 %

ASML stock opened at $708.71 on Friday. The company’s 50-day simple moving average is $733.15 and its 200-day simple moving average is $754.07. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The firm has a market cap of $278.82 billion, a P/E ratio of 34.07, a PEG ratio of 1.62 and a beta of 1.47.

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

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. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 31.35%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ASML shares. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein cut 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. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on 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. Two 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.com, the company presently has an average rating of “Moderate Buy” and an average target price of $937.00.

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.