Quotient Wealth Partners LLC Purchases Shares of 566 ASML Holding (NASDAQ:ASML)

Quotient Wealth Partners LLC acquired a new position in ASML Holding (NASDAQ:ASML) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 566 shares of the semiconductor company’s stock, valued at approximately $392,000.

Several other institutional investors have also recently modified their holdings of ASML. Fairway Wealth LLC purchased a new position in ASML during the 3rd quarter worth approximately $25,000. Kennebec Savings Bank increased its stake in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new position in shares of ASML during the third quarter worth $28,000. Fortitude Family Office LLC lifted its position in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the period. Finally, Albion Financial Group UT boosted its holdings in ASML by 133.3% in the fourth 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. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 1.5 %

ASML stock opened at $727.70 on Monday. The business’s 50-day moving average is $725.13 and its 200 day moving average is $766.81. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a market cap of $286.29 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.63 and a beta of 1.47. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 26.83%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Wells Fargo & Company boosted 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. Finally, BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Three 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’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $937.00.

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.