Greenwich Wealth Management LLC Buys 38 Shares of ASML Holding (NASDAQ:ASML)

Greenwich Wealth Management LLC lifted its holdings in ASML Holding (NASDAQ:ASML) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 502 shares of the semiconductor company’s stock after purchasing an additional 38 shares during the quarter. Greenwich Wealth Management LLC’s holdings in ASML were worth $380,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Van ECK Associates Corp increased its holdings 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 last quarter. International Assets Investment Management LLC increased its holdings in ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after buying an additional 245,488 shares during the last quarter. Barclays PLC increased its holdings in ASML by 106.5% during the third quarter. Barclays PLC now owns 336,956 shares of the semiconductor company’s stock worth $198,353,000 after buying an additional 173,813 shares during the last quarter. FMR LLC increased its holdings 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 last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in ASML by 37.9% during the third quarter. Envestnet Asset Management Inc. now owns 388,291 shares of the semiconductor company’s stock worth $228,571,000 after buying an additional 106,663 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of several research reports. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Susquehanna upped their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Sanford C. Bernstein cut their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Trading Up 0.4 %

NASDAQ ASML traded up $3.27 during trading hours on Monday, reaching $862.81. The company’s stock had a trading volume of 370,048 shares, compared to its average volume of 1,241,495. The firm has a fifty day simple moving average of $958.18 and a 200-day simple moving average of $796.71. The stock has a market cap of $340.46 billion, a P/E ratio of 44.29, a P/E/G ratio of 2.11 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,056.34. 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 (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Equities analysts forecast that ASML Holding will post 20.31 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.62%. ASML’s dividend payout ratio (DPR) is presently 27.02%.

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.