Pacer Advisors Inc. Buys 301 Shares of ASML Holding (NASDAQ:ASML)

Pacer Advisors Inc. lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 2.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,019 shares of the semiconductor company’s stock after acquiring an additional 301 shares during the period. Pacer Advisors Inc.’s holdings in ASML were worth $8,341,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Carmel Capital Partners LLC lifted its position in ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after buying an additional 30 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 15 shares in the last quarter. Addison Advisors LLC raised its stake in shares of ASML by 220.0% during the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 33 shares in the last quarter. Bollard Group LLC purchased a new position in ASML in the 2nd quarter worth $36,000. Finally, Cornerstone Planning Group LLC bought a new stake in ASML in the second quarter worth $39,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ASML shares. Raymond James raised their price target 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. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Cantor Fitzgerald started coverage on shares of ASML in a report on Tuesday, January 23rd. They set an “overweight” rating for the company. Sanford C. Bernstein raised shares of ASML from a “market perform” rating to an “outperform” rating in a report on Monday, January 22nd. Finally, Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $962.60.

ASML Stock Up 0.3 %

ASML opened at $974.01 on Thursday. The firm’s 50 day simple moving average is $919.52 and its two-hundred day simple moving average is $750.25. The company has a market capitalization of $384.33 billion, a PE ratio of 45.28, a PEG ratio of 2.36 and a beta of 1.49. ASML Holding has a 1-year low of $563.99 and a 1-year 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.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. As a group, equities analysts forecast that ASML Holding will post 20.48 EPS for the current year.

ASML Cuts Dividend

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

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.