Michael S. Ryan Inc. Invests $365,000 in ASML Holding (NASDAQ:ASML)

Michael S. Ryan Inc. purchased a new stake in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 527 shares of the semiconductor company’s stock, valued at approximately $365,000.

Other hedge funds have also bought and sold shares of the company. Lantz Financial LLC bought a new position in ASML in the 2nd quarter worth about $216,000. Rhumbline Advisers grew its holdings in shares of ASML by 1.3% during the second quarter. Rhumbline Advisers now owns 7,738 shares of the semiconductor company’s stock valued at $7,914,000 after buying an additional 100 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of ASML by 4.9% during the second quarter. Victory Capital Management Inc. now owns 41,331 shares of the semiconductor company’s stock valued at $42,270,000 after acquiring an additional 1,924 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in ASML by 1.4% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 1,720 shares of the semiconductor company’s stock worth $1,759,000 after acquiring an additional 24 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its position in ASML by 2.7% in the 2nd quarter. Wedbush Securities Inc. now owns 1,994 shares of the semiconductor company’s stock valued at $2,040,000 after acquiring an additional 52 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ:ASML traded down $13.60 during mid-day trading on Wednesday, hitting $743.98. 1,128,283 shares of the company traded hands, compared to its average volume of 1,510,472. The stock’s fifty day moving average price is $695.98 and its 200-day moving average price is $811.72. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The firm has a market cap of $292.70 billion, a price-to-earnings ratio of 38.95, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. Research analysts anticipate that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were paid a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ASML. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Wells Fargo & Company lowered their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $943.83.

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.