ASML Holding (NASDAQ:ASML) Shares Purchased by LM Advisors LLC

LM Advisors LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 270.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,083 shares of the semiconductor company’s stock after acquiring an additional 791 shares during the period. LM Advisors LLC’s holdings in ASML were worth $751,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Amundi lifted its stake in ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock worth $247,019,000 after purchasing an additional 328,552 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in ASML during the fourth quarter worth about $175,257,000. Fisher Funds Management LTD acquired a new position in ASML in the 4th quarter valued at about $137,386,000. SG Americas Securities LLC raised its position in shares of ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after buying an additional 115,603 shares during the period. Finally, Appaloosa LP lifted its holdings in ASML by 106.5% in the fourth quarter. Appaloosa LP now owns 160,000 shares of the semiconductor company’s stock valued at $110,893,000 after acquiring an additional 82,500 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a 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. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Price Performance

Shares of ASML opened at $705.76 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market capitalization of $277.66 billion, a price-to-earnings ratio of 33.93, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock’s fifty day moving average is $730.29 and its 200-day moving average is $732.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. Equities analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Investors 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 was Tuesday, February 11th. ASML’s payout ratio is presently 31.35%.

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.