ASML Holding (NASDAQ:ASML) Shares Purchased by Independence Bank of Kentucky

Independence Bank of Kentucky boosted its holdings in ASML Holding (NASDAQ:ASMLFree Report) by 249.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,154 shares of the semiconductor company’s stock after buying an additional 824 shares during the quarter. Independence Bank of Kentucky’s holdings in ASML were worth $873,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC lifted its stake in shares of ASML by 0.4% in the 4th quarter. Apollon Wealth Management LLC now owns 3,634 shares of the semiconductor company’s stock valued at $1,986,000 after purchasing an additional 15 shares during the last quarter. Marcum Wealth LLC lifted its stake in shares of ASML by 3.2% in the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 15 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 15 shares during the last quarter. Allred Capital Management LLC lifted its position in ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock worth $817,000 after acquiring an additional 15 shares during the last quarter. Finally, Parsons Capital Management Inc. RI lifted its position in ASML by 0.5% during the 3rd quarter. Parsons Capital Management Inc. RI now owns 3,235 shares of the semiconductor company’s stock worth $1,904,000 after acquiring an additional 16 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Sanford C. Bernstein raised shares of ASML from a “market perform” rating to an “outperform” rating in a research report on Monday, January 22nd. Cantor Fitzgerald assumed coverage on shares of ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating for the company. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Wells Fargo & Company boosted their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $982.60.

Get Our Latest Report on ASML

ASML Stock Performance

NASDAQ:ASML opened at $980.27 on Thursday. The firm’s 50-day moving average is $944.47 and its 200-day moving average is $764.39. 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 0.34, a quick ratio of 0.96 and a current ratio of 1.50. The company has a market cap of $386.80 billion, a price-to-earnings ratio of 45.57, a PEG ratio of 2.39 and a beta of 1.48.

ASML (NASDAQ:ASMLGet Free Report) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.48. The company had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 28.44% and a return on equity of 68.32%. Equities research analysts anticipate that ASML Holding will post 20.48 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be paid 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 0.55%. ASML’s payout ratio is currently 24.59%.

ASML Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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