Raab & Moskowitz Asset Management LLC Has $523,000 Position in ASML Holding (NASDAQ:ASML)

Raab & Moskowitz Asset Management LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 20.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 755 shares of the semiconductor company’s stock after buying an additional 127 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in ASML were worth $523,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in shares of ASML by 5.4% during the 3rd quarter. CWM LLC now owns 2,044 shares of the semiconductor company’s stock worth $1,703,000 after buying an additional 105 shares during the period. Procyon Advisors LLC raised its stake in ASML by 18.3% during the third quarter. Procyon Advisors LLC now owns 763 shares of the semiconductor company’s stock worth $636,000 after acquiring an additional 118 shares in the last quarter. Creative Planning lifted its holdings in shares of ASML by 2.6% during the third quarter. Creative Planning now owns 26,866 shares of the semiconductor company’s stock valued at $22,386,000 after acquiring an additional 669 shares during the period. NBC Securities Inc. boosted its stake in shares of ASML by 38.1% in the 3rd quarter. NBC Securities Inc. now owns 116 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 32 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC grew its holdings in shares of ASML by 6.2% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 359 shares of the semiconductor company’s stock worth $304,000 after purchasing an additional 21 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ASML shares. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 0.4 %

Shares of ASML opened at $756.17 on Thursday. The firm has a market capitalization of $297.49 billion, a price-to-earnings ratio of 36.35, a PEG ratio of 1.63 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The business’s fifty day moving average price is $726.48 and its two-hundred day moving average price is $764.28.

ASML (NASDAQ:ASML) last posted 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 net margin of 26.78% and a return on equity of 47.73%. On average, analysts predict that ASML Holding will post 25.17 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. Investors of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s payout ratio is 26.83%.

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.