GAMMA Investing LLC Makes New $544,000 Investment in ASML Holding (NASDAQ:ASML)

GAMMA Investing LLC purchased a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 719 shares of the semiconductor company’s stock, valued at approximately $544,000.

Other institutional investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its position in shares of ASML by 16.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 242 shares of the semiconductor company’s stock valued at $183,000 after acquiring an additional 35 shares in the last quarter. SlateStone Wealth LLC increased its position in ASML by 12.1% in the fourth quarter. SlateStone Wealth LLC now owns 3,044 shares of the semiconductor company’s stock worth $2,304,000 after buying an additional 329 shares during the period. Marks Group Wealth Management Inc increased its position in ASML by 9.5% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,730 shares of the semiconductor company’s stock worth $1,309,000 after buying an additional 150 shares during the period. Stockman Wealth Management Inc. increased its position in ASML by 3.7% in the fourth quarter. Stockman Wealth Management Inc. now owns 15,080 shares of the semiconductor company’s stock worth $11,414,000 after buying an additional 540 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its position in ASML by 1.6% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 48,015 shares of the semiconductor company’s stock worth $36,344,000 after buying an additional 739 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ASML. Susquehanna increased 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. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Evercore ISI initiated coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Finally, HSBC initiated coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating for the company. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Down 1.1 %

Shares of ASML traded down $9.71 during midday trading on Wednesday, reaching $891.86. 474,733 shares of the stock were exchanged, compared to its average volume of 1,238,778. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The company has a market cap of $351.92 billion, a price-to-earnings ratio of 45.87, a P/E/G ratio of 2.17 and a beta of 1.48. The firm has a 50 day simple moving average of $957.00 and a 200-day simple moving average of $800.90. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Research analysts forecast that ASML Holding will post 20.11 EPS for the current year.

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 0.60%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio is 27.02%.

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.