ASML Holding (NASDAQ:ASML) is Andar Capital Management HK Ltd’s Largest Position

Andar Capital Management HK Ltd raised its stake in shares of ASML Holding (NASDAQ:ASML) by 259.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 15,100 shares of the semiconductor company’s stock after buying an additional 10,900 shares during the quarter. ASML accounts for about 13.5% of Andar Capital Management HK Ltd’s holdings, making the stock its biggest position. Andar Capital Management HK Ltd’s holdings in ASML were worth $10,466,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Brooklyn FI LLC purchased a new position in ASML during the fourth quarter valued at $963,000. Evoke Wealth LLC increased its holdings in shares of ASML by 15.7% in the 4th quarter. Evoke Wealth LLC now owns 493 shares of the semiconductor company’s stock worth $341,000 after purchasing an additional 67 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of ASML by 1.3% in the 4th quarter. Advisors Asset Management Inc. now owns 3,095 shares of the semiconductor company’s stock worth $2,145,000 after purchasing an additional 41 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of ASML by 42.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 4,437 shares of the semiconductor company’s stock worth $3,049,000 after purchasing an additional 1,329 shares in the last quarter. Finally, PDS Planning Inc increased its holdings in shares of ASML by 2.0% in the 4th quarter. PDS Planning Inc now owns 1,357 shares of the semiconductor company’s stock worth $941,000 after purchasing an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research analyst reports. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced their target price 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. Finally, Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Performance

Shares of ASML opened at $731.11 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The firm has a market capitalization of $287.63 billion, a P/E ratio of 35.15, a PEG ratio of 1.62 and a beta of 1.54. The business has a fifty day moving average of $731.72 and a 200 day moving average of $736.46.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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%. As a group, sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

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

About ASML

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.