Tower Research Capital LLC TRC Buys 7,136 Shares of ASML Holding (NASDAQ:ASML)

Tower Research Capital LLC TRC boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 250.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,981 shares of the semiconductor company’s stock after acquiring an additional 7,136 shares during the quarter. Tower Research Capital LLC TRC’s holdings in ASML were worth $6,918,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank raised its holdings in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC lifted its position in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the fourth quarter valued at approximately $31,000. Albion Financial Group UT increased its holdings in shares of ASML by 133.3% in 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 in the last quarter. Finally, Roxbury Financial LLC bought a new position in ASML in the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ASML. Wells Fargo & Company cut their price target on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. dropped their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Finally, Susquehanna lowered their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $906.00.

ASML Price Performance

NASDAQ ASML opened at $640.16 on Monday. 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 12-month low of $578.51 and a 12-month high of $1,110.09. The firm’s 50 day moving average is $697.51 and its 200-day moving average is $711.81. The company has a market capitalization of $251.85 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s payout ratio is currently 27.48%.

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.