Evergreen Capital Management LLC boosted its position in shares of ASML Holding (NASDAQ:ASML – Free Report) by 25.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,428 shares of the semiconductor company’s stock after purchasing an additional 2,094 shares during the period. Evergreen Capital Management LLC’s holdings in ASML were worth $7,227,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its stake in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of ASML in the fourth quarter worth approximately $1,174,000. Foundations Investment Advisors LLC lifted its position in shares of ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock worth $18,243,000 after purchasing an additional 7,073 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of ASML by 12.2% during the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock worth $6,764,000 after purchasing an additional 1,062 shares during the period. Finally, Alpha Cubed Investments LLC grew its position in ASML by 33.9% during the fourth quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company’s stock valued at $56,530,000 after purchasing an additional 20,651 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Stock Performance
ASML opened at $634.93 on Thursday. The stock has a 50-day moving average of $701.85 and a 200-day moving average of $716.06. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a market cap of $249.80 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.
ASML Increases Dividend
The company also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s dividend payout ratio is 31.35%.
Analyst Ratings Changes
ASML has been the subject of a number of research reports. Wells Fargo & Company lifted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price on 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. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $937.00.
Read Our Latest Analysis on ASML
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.
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