Cozad Asset Management Inc. Buys 9,091 Shares of ASML Holding (NASDAQ:ASML)

Cozad Asset Management Inc. grew its position in ASML Holding (NASDAQ:ASML) by 2,272.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,491 shares of the semiconductor company’s stock after buying an additional 9,091 shares during the quarter. Cozad Asset Management Inc.’s holdings in ASML were worth $7,184,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ASML. Kestra Private Wealth Services LLC grew its holdings in ASML by 14.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 5,022 shares of the semiconductor company’s stock worth $3,801,000 after acquiring an additional 623 shares in the last quarter. Intrust Bank NA increased its holdings in ASML by 0.8% during the fourth quarter. Intrust Bank NA now owns 2,676 shares of the semiconductor company’s stock valued at $2,026,000 after buying an additional 22 shares during the period. EWA LLC bought a new position in ASML in the fourth quarter worth approximately $222,000. Naviter Wealth LLC lifted its holdings in ASML by 37.8% during the fourth quarter. Naviter Wealth LLC now owns 6,669 shares of the semiconductor company’s stock worth $5,048,000 after buying an additional 1,830 shares during the period. Finally, Choreo LLC purchased a new position in shares of ASML in the 4th quarter valued at $351,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company raised their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Cantor Fitzgerald assumed coverage on ASML in a research report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Evercore ISI initiated coverage on ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Finally, Raymond James boosted their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Price Performance

Shares of ASML stock traded down $27.69 during mid-day trading on Tuesday, hitting $882.08. 390,092 shares of the stock were exchanged, compared to its average volume of 1,219,686. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. 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 $348.06 billion, a PE ratio of 45.85, a price-to-earnings-growth ratio of 2.29 and a beta of 1.49. The firm has a fifty day moving average of $955.23 and a 200 day moving average of $809.40.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.61%. ASML’s dividend payout ratio (DPR) is 32.99%.

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.