Kingswood Wealth Advisors LLC Purchases 186 Shares of ASML Holding (NASDAQ:ASML)

Kingswood Wealth Advisors LLC boosted its position in ASML Holding (NASDAQ:ASML) by 41.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 639 shares of the semiconductor company’s stock after purchasing an additional 186 shares during the period. Kingswood Wealth Advisors LLC’s holdings in ASML were worth $484,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its position in ASML by 3.6% in the 3rd quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after purchasing an additional 126,413 shares in the last quarter. Sands Capital Management LLC grew its position in shares of ASML by 7.6% during the 3rd quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock valued at $880,186,000 after acquiring an additional 105,339 shares during the period. Clearbridge Investments LLC grew its position in shares of ASML by 2.0% during the 3rd quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock valued at $714,971,000 after acquiring an additional 23,783 shares during the period. Van ECK Associates Corp grew its position in shares of ASML by 34.6% during the 3rd quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after acquiring an additional 274,562 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of ASML by 27.5% during the 4th quarter. Alliancebernstein L.P. now owns 981,659 shares of the semiconductor company’s stock valued at $536,378,000 after acquiring an additional 211,792 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Stock Up 0.3 %

ASML opened at $974.01 on Thursday. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,056.34. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The company has a market cap of $384.33 billion, a PE ratio of 45.28, a price-to-earnings-growth ratio of 2.36 and a beta of 1.49. The company has a 50 day moving average of $919.52 and a 200 day moving average of $750.25.

ASML (NASDAQ:ASML) last posted its earnings results 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. ASML had a net margin of 28.44% and a return on equity of 68.32%. The business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.34 billion. On average, sell-side analysts expect that ASML Holding will post 20.48 EPS for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is presently 29.99%.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. 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 increased their target price on shares of ASML from $950.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. increased their target price on shares of ASML from $726.00 to $878.00 and gave the company an “overweight” rating in a research report on Thursday, November 30th. HSBC assumed coverage on shares of ASML in a research report on Thursday, February 22nd. They set a “buy” rating for the company. Finally, Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $962.60.

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.