Callan Capital LLC Raises Position in ASML Holding (NASDAQ:ASML)

Callan Capital LLC grew its position in ASML Holding (NASDAQ:ASML) by 74.4% during the 4th quarter, Holdings Channel reports. The fund owned 1,231 shares of the semiconductor company’s stock after buying an additional 525 shares during the quarter. Callan Capital LLC’s holdings in ASML were worth $932,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Townsquare Capital LLC boosted its holdings in shares of ASML by 11.5% in the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after acquiring an additional 881 shares in the last quarter. Savoie Capital LLC purchased a new stake in ASML during the third quarter worth about $14,658,000. International Assets Investment Management LLC boosted 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 in the last quarter. CenterBook Partners LP boosted its holdings in ASML by 69.2% during the third quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock worth $6,787,000 after buying an additional 4,716 shares in the last quarter. Finally, Meitav Investment House Ltd. boosted its holdings in ASML by 219.0% during the fourth quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock worth $2,195,000 after buying an additional 2,168 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 traded up $18.32 on Friday, hitting $918.97. The company’s stock had a trading volume of 865,078 shares, compared to its average volume of 1,204,430. The stock has a 50 day moving average of $955.61 and a 200-day moving average of $804.52. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company has a market capitalization of $362.62 billion, a price-to-earnings ratio of 46.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.48. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34.

ASML (NASDAQ:ASML) last posted 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 27.23% and a return on equity of 56.99%. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. As a group, research analysts predict that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.58%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is 27.02%.

Analysts Set New Price Targets

A number of research firms recently commented on ASML. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. HSBC began coverage on shares of ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Wells Fargo & Company boosted their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Sanford C. Bernstein decreased their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Finally, Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

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.