Essex Financial Services Inc. Buys 627 Shares of ASML Holding (NASDAQ:ASML)

Essex Financial Services Inc. raised its stake in shares of ASML Holding (NASDAQ:ASML) by 53.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,796 shares of the semiconductor company’s stock after acquiring an additional 627 shares during the period. Essex Financial Services Inc.’s holdings in ASML were worth $1,360,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Toth Financial Advisory Corp increased its position in shares of ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after purchasing an additional 13 shares during the last quarter. Slow Capital Inc. increased its position in shares of ASML by 0.3% during the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares during the last quarter. Alera Investment Advisors LLC increased its position in shares of ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 14 shares during the last quarter. Marcum Wealth LLC increased its position in shares of ASML by 3.2% during the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 15 shares during the last quarter. Finally, Allred Capital Management LLC increased its position in shares of ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after purchasing an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

ASML Stock Down 2.2 %

ASML stock opened at $852.84 on Thursday. The firm has a market capitalization of $336.52 billion, a PE ratio of 43.56, a PEG ratio of 2.17 and a beta of 1.49. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The stock has a 50-day simple moving average of $953.38 and a two-hundred day simple moving average of $811.61. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a dividend of $1.343 per share. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.63%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

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.