Keel Point LLC Raises Stock Position in ASML Holding (NASDAQ:ASML)

Keel Point LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 25.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,095 shares of the semiconductor company’s stock after acquiring an additional 223 shares during the period. Keel Point LLC’s holdings in ASML were worth $829,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Toth Financial Advisory Corp increased its stake in ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after buying an additional 13 shares during the period. Alera Investment Advisors LLC grew its holdings in ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after acquiring an additional 14 shares in the last quarter. Marcum Wealth LLC grew its holdings in ASML by 3.2% during the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock worth $362,000 after acquiring an additional 15 shares in the last quarter. Allred Capital Management LLC grew its holdings in ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock worth $817,000 after acquiring an additional 15 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ ASML opened at $961.20 on Tuesday. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The firm’s 50-day simple moving average is $959.51 and its 200 day simple moving average is $787.55. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The stock has a market cap of $379.28 billion, a P/E ratio of 44.39, a P/E/G ratio of 2.32 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. ASML had a net margin of 28.44% and a return on equity of 68.32%. The business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.34 billion. Equities analysts expect that ASML Holding will post 20.46 EPS for the current year.

ASML Cuts Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ASML shares. Cantor Fitzgerald started coverage on shares of ASML in a report on Tuesday, January 23rd. They set an “overweight” rating for the company. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Susquehanna boosted their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Finally, HSBC initiated coverage on ASML in a research note on Thursday, February 22nd. They set a “buy” rating for the company. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.