Lockerman Financial Group Inc. Makes New $291,000 Investment in ASML Holding (NASDAQ:ASML)

Lockerman Financial Group Inc. purchased a new position in shares of ASML Holding (NASDAQ:ASML) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 300 shares of the semiconductor company’s stock, valued at approximately $291,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Townsquare Capital LLC grew its holdings in ASML by 11.5% during the 3rd quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after buying an additional 881 shares during the last quarter. Savoie Capital LLC acquired a new position in ASML in the 3rd quarter valued at about $14,658,000. International Assets Investment Management LLC lifted its holdings in ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after purchasing an additional 245,488 shares in the last quarter. Griffin Asset Management Inc. boosted its stake in shares of ASML by 9.3% during the 4th quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock worth $14,842,000 after purchasing an additional 1,661 shares during the last quarter. Finally, Meitav Investment House Ltd. grew its holdings in shares of ASML by 219.0% during the fourth quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock worth $2,195,000 after buying an additional 2,168 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 1.7 %

Shares of NASDAQ:ASML traded up $17.42 during midday trading on Friday, hitting $1,045.43. 134,905 shares of the company’s stock traded hands, compared to its average volume of 1,130,861. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,077.22. The company has a market cap of $412.52 billion, a PE ratio of 52.50, a P/E/G ratio of 2.15 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The firm’s fifty day moving average price is $958.36 and its two-hundred day moving average price is $903.50.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. On average, equities research analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio is currently 32.53%.

Analysts Set New Price Targets

Several research analysts have weighed in on ASML shares. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Finally, Wells Fargo & Company increased their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,043.00.

ASML 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.