Breed s Hill Capital LLC Invests $271,000 in ASML Holding (NASDAQ:ASML)

Breed s Hill Capital LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 358 shares of the semiconductor company’s stock, valued at approximately $271,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its stake in ASML by 3.6% during the third quarter. Bank of New York Mellon Corp now owns 226,483 shares of the semiconductor company’s stock worth $133,321,000 after purchasing an additional 7,966 shares during the last quarter. Verdence Capital Advisors LLC grew its holdings in shares of ASML by 8.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 1,577 shares of the semiconductor company’s stock valued at $928,000 after purchasing an additional 123 shares during the last quarter. Brighton Jones LLC boosted its position in ASML by 13.0% in the third quarter. Brighton Jones LLC now owns 436 shares of the semiconductor company’s stock valued at $257,000 after buying an additional 50 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of ASML by 13.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 159,280 shares of the semiconductor company’s stock worth $93,762,000 after buying an additional 18,816 shares in the last quarter. Finally, NBT Bank N A NY bought a new stake in ASML during the 3rd quarter worth $230,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Raymond James upped their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Susquehanna increased their price target on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Cantor Fitzgerald began coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Finally, Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Up 0.2 %

Shares of ASML stock traded up $2.07 on Thursday, reaching $913.54. 755,533 shares of the company were exchanged, compared to its average volume of 1,199,610. The company has a 50-day moving average of $949.28 and a 200-day moving average of $822.42. ASML Holding has a one year low of $563.99 and a one year 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. The company has a market cap of $360.47 billion, a price-to-earnings ratio of 46.66, a PEG ratio of 2.25 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating 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 firm had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. Analysts anticipate that ASML Holding will post 20.04 earnings per share for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were paid a dividend of $1.343 per share. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.59%. ASML’s dividend payout ratio (DPR) is currently 32.53%.

About ASML

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.