Gallacher Capital Management LLC Acquires 22 Shares of ASML Holding (NASDAQ:ASML)

Gallacher Capital Management LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 439 shares of the semiconductor company’s stock after purchasing an additional 22 shares during the period. Gallacher Capital Management LLC’s holdings in ASML were worth $304,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fisher Asset Management LLC increased its position in shares of ASML by 1.0% during the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after acquiring an additional 31,879 shares in the last quarter. Edgewood Management LLC increased its position in shares of ASML by 3.3% during the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares in the last quarter. Van ECK Associates Corp increased its position in shares of ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after acquiring an additional 31,231 shares in the last quarter. Windacre Partnership LLC increased its position in shares of ASML by 4.0% during the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares in the last quarter. Finally, Citigroup Inc. increased its position in shares of ASML by 14.2% during the third quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock valued at $335,598,000 after acquiring an additional 50,115 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $714.00 on Monday. The company has a market cap of $280.90 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. 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 twelve month low of $645.45 and a twelve month high of $1,110.09. The company’s 50-day moving average price is $733.01 and its 200-day moving average price is $738.78.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. On average, equities research analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is 31.35%.

Wall Street Analyst Weigh In

ASML has been the topic of several research reports. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.