Blackhawk Capital Partners LLC. Invests $593,000 in ASML Holding (NASDAQ:ASML)

Blackhawk Capital Partners LLC. acquired a new stake in ASML Holding (NASDAQ:ASML) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 855 shares of the semiconductor company’s stock, valued at approximately $593,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC grew its position in shares of ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after acquiring an additional 31,879 shares during the period. Edgewood Management LLC grew its holdings in ASML by 3.3% during the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after purchasing an additional 70,776 shares during the period. Van ECK Associates Corp increased its position in ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock worth $1,239,421,000 after buying an additional 31,231 shares during the last quarter. Windacre Partnership LLC raised its stake in ASML by 4.0% in the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after buying an additional 25,600 shares during the period. Finally, Citigroup Inc. lifted its position in shares of ASML by 14.2% in the third quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock valued at $335,598,000 after buying an additional 50,115 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ASML has been the topic of a number of research analyst reports. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company raised their target price 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. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Sanford C. Bernstein cut their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report 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 on the stock in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Down 0.2 %

Shares of ASML stock opened at $735.96 on Tuesday. The stock has a market cap of $289.54 billion, a P/E ratio of 35.38, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a 50 day simple moving average of $732.89 and a 200 day simple moving average of $757.27.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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, research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 25.67%.

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.