ASML Holding (NASDAQ:ASML) Shares Sold by Western Pacific Wealth Management LP

Western Pacific Wealth Management LP trimmed its stake in shares of ASML Holding (NASDAQ:ASML) by 6.6% in the 4th quarter, HoldingsChannel reports. The firm owned 309 shares of the semiconductor company’s stock after selling 22 shares during the period. Western Pacific Wealth Management LP’s holdings in ASML were worth $214,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ASML. Fisher Asset Management LLC grew its stake in shares of ASML by 1.0% during the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after purchasing an additional 31,879 shares in the last quarter. Edgewood Management LLC lifted its holdings in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of ASML by 37.0% during 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 acquiring an additional 474,653 shares in the last quarter. Windacre Partnership LLC increased its holdings in shares of ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of ASML by 94,079.7% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of a number of research analyst reports. Susquehanna lowered their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein decreased 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 ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday. Three 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Price Performance

Shares of ASML opened at $739.31 on Friday. The firm has a 50-day simple moving average of $719.37 and a 200-day simple moving average of $773.48. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market capitalization of $290.86 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 2.25 and a beta of 1.47. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 50.53%. On average, equities research analysts anticipate that ASML Holding will post 25.07 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a dividend of $1.6414 per share. This is a boost from ASML’s previous quarterly dividend of $1.41. This represents a $6.57 annualized dividend and a yield of 0.89%. The ex-dividend date is Monday, April 28th. ASML’s dividend payout ratio is currently 26.83%.

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.