ST Germain D J Co. Inc. Raises Position in ASML Holding (NASDAQ:ASML)

ST Germain D J Co. Inc. increased its stake in shares of ASML Holding (NASDAQ:ASML) by 106.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 26,585 shares of the semiconductor company’s stock after acquiring an additional 13,697 shares during the period. ST Germain D J Co. Inc.’s holdings in ASML were worth $18,426,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new stake in ASML during the 3rd quarter worth $25,000. Resources Management Corp CT ADV acquired a new position in shares of ASML in the second quarter worth about $26,000. Milestone Investment Advisors LLC purchased a new position in ASML in the third quarter valued at about $28,000. Fortitude Family Office LLC boosted its stake in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of ASML in the third quarter worth $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

ASML stock traded down $1.69 during trading hours on Friday, hitting $742.29. 649,709 shares of the stock traded hands, compared to its average volume of 1,371,343. The stock has a 50-day simple moving average of $698.61 and a 200 day simple moving average of $810.78. The company has a market cap of $292.03 billion, a P/E ratio of 38.86, a P/E/G ratio of 2.07 and a beta of 1.47. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $7.66 billion. Equities analysts forecast that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

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

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company decreased their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Finally, Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus 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.