ASML Holding (NASDAQ:ASML) Shares Acquired by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 9.5% during the fourth quarter, Holdings Channel reports. The fund owned 1,730 shares of the semiconductor company’s stock after purchasing an additional 150 shares during the quarter. Marks Group Wealth Management Inc’s holdings in ASML were worth $1,309,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. FMR LLC lifted its position in ASML by 3.6% during the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after buying an additional 126,413 shares during the period. Sands Capital Management LLC lifted its position in ASML by 7.6% during the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock worth $880,186,000 after buying an additional 105,339 shares during the period. Clearbridge Investments LLC lifted its position in ASML by 2.0% during the third quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock worth $714,971,000 after buying an additional 23,783 shares during the period. Jennison Associates LLC lifted its position in ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after buying an additional 151,844 shares during the period. Finally, Van ECK Associates Corp lifted its position in ASML by 34.6% during the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after buying an additional 274,562 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 3.6 %

ASML stock traded up $31.81 during midday trading on Tuesday, hitting $903.86. 629,749 shares of the company were exchanged, compared to its average volume of 1,243,675. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company’s fifty day moving average price is $957.04 and its 200-day moving average price is $798.76. The company has a market cap of $356.65 billion, a PE ratio of 45.53, a price-to-earnings-growth ratio of 2.11 and a beta of 1.49.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. On average, research analysts predict that ASML Holding will post 20.31 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.59%. ASML’s dividend payout ratio is presently 27.02%.

Analyst Ratings Changes

ASML has been the topic of several research analyst reports. Wells Fargo & Company lifted their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Evercore ISI initiated coverage on ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating on the stock. Cantor Fitzgerald initiated coverage on ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Finally, HSBC began coverage on ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

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.