FNY Investment Advisers LLC Has $9.12 Million Stake in ASML Holding (NASDAQ:ASML)

FNY Investment Advisers LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 258.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,160 shares of the semiconductor company’s stock after acquiring an additional 9,487 shares during the quarter. ASML comprises approximately 4.8% of FNY Investment Advisers LLC’s portfolio, making the stock its biggest holding. FNY Investment Advisers LLC’s holdings in ASML were worth $9,120,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ASML. Resources Management Corp CT ADV bought a new stake in shares of ASML during the 2nd quarter valued at $26,000. Fairway Wealth LLC bought a new position in ASML in the 3rd quarter worth about $25,000. Milestone Investment Advisors LLC purchased a new position in ASML during the 3rd quarter valued at about $28,000. Fortitude Family Office LLC increased its position in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group bought a new position in shares of ASML in the third quarter valued at approximately $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three investment 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Price Performance

Shares of ASML stock opened at $727.41 on Tuesday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. 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’s 50-day moving average price is $701.02 and its 200-day moving average price is $803.87. The firm has a market capitalization of $286.18 billion, a PE ratio of 38.08, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The firm had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. Sell-side analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

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

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.