Ramirez Asset Management Inc. Buys 56 Shares of ASML Holding (NASDAQ:ASML)

Ramirez Asset Management Inc. increased its stake in shares of ASML Holding (NASDAQ:ASML) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,369 shares of the semiconductor company’s stock after acquiring an additional 56 shares during the quarter. ASML makes up about 1.0% of Ramirez Asset Management Inc.’s portfolio, making the stock its 21st largest position. Ramirez Asset Management Inc.’s holdings in ASML were worth $5,107,000 as of its most recent filing with the Securities & Exchange Commission.

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

ASML Trading Down 2.1 %

Shares of ASML stock opened at $690.63 on Friday. The stock has a fifty day moving average price of $729.10 and a 200-day moving average price of $732.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market cap of $271.71 billion, a PE ratio of 33.20, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. 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 dividend payout ratio (DPR) is 31.35%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company 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 target price on the stock. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two equities 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 company’s stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus 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.