MONECO Advisors LLC Takes $244,000 Position in ASML Holding (NASDAQ:ASML)

MONECO Advisors LLC bought a new stake in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 323 shares of the semiconductor company’s stock, valued at approximately $244,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ASML. 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 during the period. Savoie Capital LLC acquired a new position in ASML in the third quarter valued at $14,658,000. International Assets Investment Management LLC raised its holdings in shares of ASML by 48,040.7% in the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after buying an additional 245,488 shares during the last quarter. CenterBook Partners LP boosted its stake in shares of 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 during the period. Finally, Meitav Investment House Ltd. grew its holdings in shares of 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 during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ASML. Susquehanna lifted 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. Sanford C. Bernstein dropped their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Raymond James raised their price objective on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. HSBC started coverage on ASML in a research report on Thursday, February 22nd. They set a “buy” rating on the stock. Finally, Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Performance

NASDAQ:ASML opened at $852.84 on Thursday. The firm’s fifty day simple moving average is $953.38 and its 200 day simple moving average is $811.61. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The firm has a market capitalization of $336.52 billion, a price-to-earnings ratio of 43.56, a PEG ratio of 2.27 and a beta of 1.48.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be given a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.63%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is 32.53%.

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.