West Oak Capital LLC Purchases 205 Shares of ASML Holding (NASDAQ:ASML)

West Oak Capital LLC raised its position in ASML Holding (NASDAQ:ASML) by 15.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,498 shares of the semiconductor company’s stock after acquiring an additional 205 shares during the period. West Oak Capital LLC’s holdings in ASML were worth $1,068,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in ASML. Mirae Asset Global Investments Co. Ltd. lifted its position in ASML by 14.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,923 shares of the semiconductor company’s stock worth $153,573,000 after buying an additional 29,290 shares in the last quarter. Blair William & Co. IL lifted its holdings in ASML by 5.5% during the 1st quarter. Blair William & Co. IL now owns 6,391 shares of the semiconductor company’s stock valued at $4,230,000 after purchasing an additional 336 shares during the last quarter. Cetera Investment Advisers boosted its position in ASML by 13.3% during the first quarter. Cetera Investment Advisers now owns 4,266 shares of the semiconductor company’s stock worth $2,849,000 after purchasing an additional 502 shares during the period. Moors & Cabot Inc. acquired a new position in shares of ASML in the first quarter valued at $264,000. Finally, Dakota Wealth Management raised its position in shares of ASML by 35.2% in the first quarter. Dakota Wealth Management now owns 426 shares of the semiconductor company’s stock valued at $284,000 after purchasing an additional 111 shares during the period. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on ASML. Susquehanna upped their price target on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. JPMorgan Chase & Co. boosted their price target on ASML from $726.00 to $878.00 and gave the company an “overweight” rating in a research note on Thursday, November 30th. Cantor Fitzgerald began coverage on ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating on the stock. Finally, Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $962.60.

ASML Price Performance

Shares of ASML traded down $7.70 during trading hours on Thursday, hitting $966.31. 195,851 shares of the company were exchanged, compared to its average volume of 1,225,777. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company has a market cap of $381.30 billion, a price-to-earnings ratio of 44.92, a P/E/G ratio of 2.34 and a beta of 1.49. The firm’s fifty day moving average is $919.52 and its 200 day moving average is $750.25.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The firm had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 28.44% and a return on equity of 68.32%. On average, equities analysts anticipate that ASML Holding will post 20.48 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be given a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.56%. ASML’s dividend payout ratio is currently 24.59%.

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.