Ewa LLC Takes $222,000 Position in ASML Holding (NASDAQ:ASML)

Ewa LLC bought a new stake in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 293 shares of the semiconductor company’s stock, valued at approximately $222,000.

A number of other hedge funds have also modified their holdings of the business. FMR LLC grew its holdings in shares of ASML by 3.6% in the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after purchasing an additional 126,413 shares during the period. Sands Capital Management LLC grew its holdings in shares of ASML by 7.6% in the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock valued at $880,186,000 after purchasing an additional 105,339 shares during the period. Clearbridge Investments LLC boosted its stake 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 boosted its stake 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 boosted its stake 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 institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Raymond James boosted their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Susquehanna lifted their price target on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. Cantor Fitzgerald initiated coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating for the company. Finally, HSBC started coverage on shares of ASML in a research note on Thursday, February 22nd. They issued a “buy” rating for the company. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Stock Down 1.3 %

Shares of NASDAQ ASML traded down $11.79 during mid-day trading on Monday, reaching $907.18. 480,506 shares of the company traded hands, compared to its average volume of 1,227,950. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The stock has a market cap of $357.96 billion, a PE ratio of 46.47, a price-to-earnings-growth ratio of 2.29 and a beta of 1.49. The company’s fifty day moving average is $955.61 and its two-hundred day moving average is $807.34. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is 32.99%.

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.