Emerald Mutual Fund Advisers Trust Invests $112,000 in ASML Holding (NASDAQ:ASML)

Emerald Mutual Fund Advisers Trust purchased a new stake in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 161 shares of the semiconductor company’s stock, valued at approximately $112,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kennebec Savings Bank boosted its stake in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC boosted its position in ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in ASML in the fourth quarter worth $31,000. Albion Financial Group UT increased its position in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC bought a new stake in shares of ASML during the 4th quarter worth $39,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 1.0 %

NASDAQ:ASML opened at $666.11 on Wednesday. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The stock’s fifty day moving average price is $684.40 and its two-hundred day moving average price is $704.21. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market cap of $262.06 billion, a P/E ratio of 32.02, a P/E/G ratio of 1.62 and a beta of 1.67.

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

ASML Announces Dividend

The company also recently announced 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 represents a $6.57 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Monday, April 28th. ASML’s dividend payout ratio (DPR) is presently 27.48%.

Wall Street Analyst Weigh In

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

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.