ASML Holding (NASDAQ:ASML) is Account Management LLC’s 4th Largest Position

Account Management LLC grew its stake in shares of ASML Holding (NASDAQ:ASML) by 51.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,750 shares of the semiconductor company’s stock after purchasing an additional 2,978 shares during the quarter. ASML accounts for about 7.1% of Account Management LLC’s holdings, making the stock its 4th biggest holding. Account Management LLC’s holdings in ASML were worth $6,064,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. grew its position in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 14 shares during the period. Cyndeo Wealth Partners LLC grew its holdings in ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 14 shares during the period. Trust Point Inc. raised its stake in shares of ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after buying an additional 14 shares during the period. Sunpointe LLC lifted its position in shares of ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after buying an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC increased its holdings in ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. decreased their price objective 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. Sanford C. Bernstein lowered their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. BNP Paribas started 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. Finally, Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Down 0.2 %

Shares of NASDAQ:ASML opened at $726.74 on Wednesday. The firm has a market cap of $285.92 billion, a PE ratio of 34.94, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a fifty day simple moving average of $730.70 and a 200 day simple moving average of $733.15. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities research analysts anticipate 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. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.

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.