Cooper Financial Group Purchases 87 Shares of ASML Holding (NASDAQ:ASML)

Cooper Financial Group increased its position in shares of ASML Holding (NASDAQ:ASML) by 5.2% during the fourth quarter, HoldingsChannel reports. The fund owned 1,761 shares of the semiconductor company’s stock after buying an additional 87 shares during the quarter. Cooper Financial Group’s holdings in ASML were worth $1,220,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its holdings in ASML by 4,379.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after buying an additional 870,010 shares during the period. International Assets Investment Management LLC lifted its holdings in ASML by 94,079.7% during 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 buying an additional 491,096 shares during the period. Van ECK Associates Corp lifted its holdings in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares during the period. Tairen Capital Ltd lifted its holdings in ASML by 321.2% during the 2nd quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock worth $207,559,000 after buying an additional 154,760 shares during the period. Finally, Mediolanum International Funds Ltd acquired a new position in ASML during the 3rd quarter worth about $125,952,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock traded down $11.70 during trading on Monday, hitting $727.31. The company’s stock had a trading volume of 820,112 shares, compared to its average volume of 1,419,852. The company has a market cap of $286.14 billion, a PE ratio of 38.08, a P/E/G ratio of 2.07 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The business has a fifty day moving average of $699.90 and a 200-day moving average of $805.98. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.

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

ASML Cuts Dividend

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

Analyst Ratings Changes

Several research analysts have commented on the company. Susquehanna cut their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Sanford C. Bernstein dropped their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their price objective on 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. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

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.