RBA Wealth Management LLC Buys 231 Shares of ASML Holding (NASDAQ:ASML)

RBA Wealth Management LLC lifted its stake in ASML Holding (NASDAQ:ASML) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,184 shares of the semiconductor company’s stock after buying an additional 231 shares during the period. ASML comprises approximately 1.9% of RBA Wealth Management LLC’s holdings, making the stock its 20th largest holding. RBA Wealth Management LLC’s holdings in ASML were worth $4,979,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. International Assets Investment Management LLC lifted its position in shares of ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after purchasing an additional 491,096 shares during the period. Van ECK Associates Corp raised its stake in shares of ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in shares of ASML in the third quarter valued at about $125,952,000. SG Americas Securities LLC lifted its stake in shares of ASML by 281.3% in the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after purchasing an additional 115,603 shares during the period. Finally, Pathway Financial Advisers LLC increased its holdings in shares of ASML by 97,001.7% in the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after purchasing an additional 113,492 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ASML shares. Susquehanna cut their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Sanford C. Bernstein decreased their price target 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 started coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Performance

NASDAQ ASML opened at $731.05 on Tuesday. The firm has a 50-day moving average price of $719.37 and a two-hundred day moving average price of $772.37. 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 $645.45 and a 12-month high of $1,110.09. The company has a market capitalization of $287.61 billion, a P/E ratio of 35.15, a P/E/G ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Analysts anticipate that ASML Holding will post 25.31 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 25.91%.

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.