ASML Holding (NASDAQ:ASML) Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC grew its holdings in shares of ASML Holding (NASDAQ:ASMLFree Report) by 27.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,365 shares of the semiconductor company’s stock after purchasing an additional 297 shares during the period. Kingsview Wealth Management LLC’s holdings in ASML were worth $1,033,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of ASML by 37.6% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 6,292 shares of the semiconductor company’s stock valued at $3,704,000 after purchasing an additional 1,718 shares during the period. Allworth Financial LP raised its position in ASML by 41.4% in the third quarter. Allworth Financial LP now owns 540 shares of the semiconductor company’s stock worth $318,000 after acquiring an additional 158 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in ASML by 42.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 6,335 shares of the semiconductor company’s stock valued at $3,529,000 after acquiring an additional 1,891 shares during the last quarter. Cullen Frost Bankers Inc. lifted its holdings in ASML by 2.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,473 shares of the semiconductor company’s stock valued at $867,000 after acquiring an additional 29 shares during the last quarter. Finally, Cozad Asset Management Inc. bought a new position in shares of ASML during the 3rd quarter valued at about $235,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent analyst reports. Raymond James boosted their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. HSBC started coverage on shares of ASML in a report on Thursday, February 22nd. They issued a “buy” rating for the company. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Susquehanna lifted their price objective on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research report on Friday, January 26th. Finally, Wells Fargo & Company increased their target price on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

Get Our Latest Report on ASML

ASML Stock Up 0.6 %

ASML stock opened at $924.97 on Monday. The firm has a market cap of $364.98 billion, a price-to-earnings ratio of 47.24, a P/E/G ratio of 2.31 and a beta of 1.49. The firm has a fifty day moving average price of $939.34 and a two-hundred day moving average price of $840.26. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. As a group, analysts forecast that ASML Holding will post 20.04 earnings per share for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.58%. ASML’s dividend payout ratio (DPR) is 32.53%.

About ASML

(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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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