Heritage Investors Management Corp Makes New Investment in ASML Holding (NASDAQ:ASML)

Heritage Investors Management Corp purchased a new stake in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,737 shares of the semiconductor company’s stock, valued at approximately $1,315,000.

Several other institutional investors have also modified their holdings of ASML. Carmel Capital Partners LLC raised its stake in shares of ASML by 200.0% during the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 30 shares in the last quarter. Addison Advisors LLC boosted its holdings in shares of ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. Creative Financial Designs Inc. ADV increased 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 valued at $35,000 after acquiring an additional 15 shares during the period. Catalyst Capital Advisors LLC raised its holdings in ASML by 35.4% during the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 17 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. bought a new stake in ASML during the fourth quarter worth approximately $44,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ASML. HSBC began coverage on ASML in a research report on Thursday, February 22nd. They set a “buy” rating on the stock. Raymond James boosted their price target on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Finally, Cantor Fitzgerald initiated coverage on shares of ASML in a report on Tuesday, January 23rd. They set an “overweight” rating for the company. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Up 0.2 %

NASDAQ ASML traded up $2.07 during trading on Thursday, reaching $913.54. 755,533 shares of the company’s stock were exchanged, compared to its average volume of 1,199,610. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company’s fifty day simple moving average is $949.28 and its 200-day simple moving average is $822.42. The firm has a market capitalization of $360.47 billion, a PE ratio of 46.66, a P/E/G ratio of 2.25 and a beta of 1.49.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. The firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Sell-side analysts predict that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

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

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.