IFP Advisors Inc Acquires 483 Shares of ASML Holding (NASDAQ:ASML)

IFP Advisors Inc lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 19.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,915 shares of the semiconductor company’s stock after acquiring an additional 483 shares during the quarter. IFP Advisors Inc’s holdings in ASML were worth $2,020,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairway Wealth LLC bought a new stake in ASML in the 3rd quarter valued at $25,000. Kennebec Savings Bank boosted its stake in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. Milestone Investment Advisors LLC bought a new stake in ASML in the 3rd quarter valued at $28,000. Fortitude Family Office LLC boosted its stake in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the period. Finally, Albion Financial Group UT boosted its stake in ASML by 133.3% in the 4th 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 during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

ASML stock opened at $730.19 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a market capitalization of $287.27 billion, a P/E ratio of 35.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The stock has a fifty day moving average of $732.79 and a 200-day moving average of $756.35.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is presently 31.35%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. 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. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein dropped 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. Finally, Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.