Mar Vista Investment Partners LLC Has $2.68 Million Stock Position in ASML Holding (NASDAQ:ASML)

Mar Vista Investment Partners LLC increased its position in shares of ASML Holding (NASDAQ:ASML) by 10,636.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,865 shares of the semiconductor company’s stock after buying an additional 3,829 shares during the quarter. Mar Vista Investment Partners LLC’s holdings in ASML were worth $2,679,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Steigerwald Gordon & Koch Inc. increased its stake in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC increased its position in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. increased its position in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after buying an additional 14 shares during the period. Sunpointe LLC lifted its holdings in shares of ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after buying an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC grew its stake in shares of ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $638.69 on Wednesday. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company’s fifty day simple moving average is $692.12 and its 200-day simple moving average is $709.86. The firm has a market cap of $251.27 billion, a PE ratio of 30.71, a P/E/G ratio of 1.62 and a beta of 1.67. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities research analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. The ex-dividend date is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 27.48%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, Wells Fargo & Company dropped their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $906.00.

About ASML

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.