Sunpointe LLC Purchases Shares of 1,199 ASML Holding (NASDAQ:ASML)

Sunpointe LLC bought a new position in shares of ASML Holding (NASDAQ:ASMLFree Report) during the fourth quarter, Holdings Channel.com reports. The firm bought 1,199 shares of the semiconductor company’s stock, valued at approximately $908,000. ASML comprises 1.2% of Sunpointe LLC’s investment portfolio, making the stock its 18th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp lifted its position in ASML by 11.5% in the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after acquiring an additional 13 shares in the last quarter. Slow Capital Inc. lifted its position in ASML by 0.3% in the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after acquiring an additional 13 shares in the last quarter. Alera Investment Advisors LLC lifted its position in ASML by 2.9% in the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after acquiring an additional 14 shares in the last quarter. Marcum Wealth LLC lifted its position in ASML by 3.2% in the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after acquiring an additional 15 shares in the last quarter. Finally, Allred Capital Management LLC lifted its position in ASML by 1.4% in the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after acquiring an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ASML. Wells Fargo & Company increased their price target on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. HSBC began coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Four equities research 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 company. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

Check Out Our Latest Report on ASML

ASML Stock Performance

NASDAQ ASML traded down $24.81 on Friday, hitting $1,027.90. 1,046,631 shares of the company traded hands, compared to its average volume of 1,147,750. The company has a market capitalization of $405.60 billion, a price-to-earnings ratio of 52.50, a P/E/G ratio of 2.26 and a beta of 1.49. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average price is $947.08 and its 200-day moving average price is $882.69. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,077.22.

ASML (NASDAQ:ASMLGet Free Report) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Equities analysts expect that ASML Holding will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.52%. ASML’s payout ratio is 32.53%.

ASML Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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