ASML Holding (NASDAQ:ASML) Shares Purchased by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 24.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 137 shares of the semiconductor company’s stock after buying an additional 27 shares during the quarter. Eagle Bay Advisors LLC’s holdings in ASML were worth $95,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. DekaBank Deutsche Girozentrale raised its stake in ASML by 10.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock worth $270,000 after acquiring an additional 24 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of ASML by 8.6% during the second quarter. William Blair Investment Management LLC now owns 8,562 shares of the semiconductor company’s stock worth $8,757,000 after purchasing an additional 676 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in shares of ASML by 7.6% in the 2nd quarter. Wealthspire Advisors LLC now owns 597 shares of the semiconductor company’s stock valued at $611,000 after purchasing an additional 42 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of ASML by 31.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 1,156 shares of the semiconductor company’s stock valued at $1,182,000 after purchasing an additional 279 shares during the period. Finally, Redwood Wealth Management Group LLC purchased a new position in ASML during the 2nd quarter worth approximately $122,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Down 1.6 %

ASML opened at $727.41 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market capitalization of $286.18 billion, a P/E ratio of 38.08, a P/E/G ratio of 2.07 and a beta of 1.47. The business has a 50 day simple moving average of $701.02 and a 200-day simple moving average of $803.87.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, equities analysts anticipate that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ASML shares. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday. 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 price target for the company. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Finally, Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $955.50.

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.