DF Dent & Co. Inc. increased its stake in ASML Holding (NASDAQ:ASML – Free Report) by 11.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,315 shares of the semiconductor company’s stock after acquiring an additional 7,140 shares during the quarter. DF Dent & Co. Inc.’s holdings in ASML were worth $47,348,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in the stock. Steigerwald Gordon & Koch Inc. raised its position in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC increased its stake in ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after buying an additional 14 shares in the last quarter. Trust Point Inc. lifted its position in shares of ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after acquiring an additional 14 shares in the last quarter. Sunpointe LLC lifted its position in shares of ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after acquiring an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC boosted its stake in shares of ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Price Performance
ASML stock opened at $669.01 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market cap of $263.20 billion, a P/E ratio of 32.16, a PEG ratio of 1.62 and a beta of 1.54. The company has a 50-day moving average price of $721.72 and a 200 day moving average price of $729.09. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09.
ASML Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 31.35%.
Analysts Set New Price Targets
A number of research analysts have weighed in on ASML shares. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.
View Our Latest Research Report on ASML
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.
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