K.J. Harrison & Partners Inc Buys Shares of 650 ASML Holding (NASDAQ:ASML)

K.J. Harrison & Partners Inc bought a new stake in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 650 shares of the semiconductor company’s stock, valued at approximately $492,000.

Other large investors also recently added to or reduced their stakes in the company. Carmel Capital Partners LLC raised its stake in ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 30 shares during the period. Addison Advisors LLC raised its stake in ASML by 220.0% during the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 33 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 15 shares during the last quarter. Catalyst Capital Advisors LLC increased its stake in shares of ASML by 35.4% in the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 17 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC increased its stake in shares of ASML by 7,300.0% in the third quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 73 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Sanford C. Bernstein decreased their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Susquehanna upped their price objective on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Finally, Evercore ISI started coverage on shares of ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Price Performance

NASDAQ:ASML traded up $18.32 during mid-day trading on Friday, hitting $918.97. The company’s stock had a trading volume of 865,078 shares, compared to its average volume of 1,204,430. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $362.62 billion, a price-to-earnings ratio of 46.93, a P/E/G ratio of 2.25 and a beta of 1.48. The stock has a fifty day moving average of $955.61 and a 200-day moving average of $804.52.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a net margin of 27.23% and a return on equity of 56.99%. The firm had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. As a group, equities analysts forecast that ASML Holding will post 20.04 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.58%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 27.02%.

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.