Onyx Bridge Wealth Group LLC Trims Stake in ASML Holding (NASDAQ:ASML)

Onyx Bridge Wealth Group LLC trimmed its holdings in shares of ASML Holding (NASDAQ:ASML) by 15.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 294 shares of the semiconductor company’s stock after selling 53 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in ASML were worth $203,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Armstrong Advisory Group Inc. boosted its holdings in shares of ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 12 shares in the last quarter. Bruce G. Allen Investments LLC boosted its holdings in shares of ASML by 21.2% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 14 shares in the last quarter. Steigerwald Gordon & Koch Inc. boosted its holdings in shares of ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in shares of ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares in the last quarter. Finally, Trust Point Inc. lifted its stake in shares of ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after acquiring an additional 14 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Down 0.5 %

Shares of NASDAQ:ASML opened at $739.13 on Friday. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The firm has a market capitalization of $290.79 billion, a P/E ratio of 35.54, a P/E/G ratio of 1.62 and a beta of 1.47. The stock has a 50 day moving average price of $722.93 and a 200-day moving average price of $769.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts anticipate that ASML Holding will post 25.31 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be given a $1.5855 dividend. The ex-dividend date is Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 26.83%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ASML. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Three equities research 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $937.00.

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.