Marks Group Wealth Management Inc Sells 111 Shares of ASML Holding (NASDAQ:ASML)

Marks Group Wealth Management Inc cut its holdings in shares of ASML Holding (NASDAQ:ASML) by 5.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,798 shares of the semiconductor company’s stock after selling 111 shares during the period. Marks Group Wealth Management Inc’s holdings in ASML were worth $1,246,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its position in shares of ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after acquiring an additional 491,096 shares during the last quarter. Van ECK Associates Corp lifted its stake in ASML by 37.0% in 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 purchasing an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd bought a new position in shares of ASML during the 3rd quarter valued at about $125,952,000. SG Americas Securities LLC grew its position in shares of ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after purchasing an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its holdings in shares of ASML by 97,001.7% in the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after purchasing an additional 113,492 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

ASML Price Performance

ASML stock opened at $756.17 on Thursday. The firm has a market capitalization of $297.49 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The firm has a 50-day moving average price of $726.48 and a 200-day moving average price of $764.28. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced its 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%. As a group, equities research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be paid a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

ASML Company 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.