Ipswich Investment Management Co. Inc. Has $3.93 Million Holdings in ASML Holding (NASDAQ:ASML)

Ipswich Investment Management Co. Inc. increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,664 shares of the semiconductor company’s stock after acquiring an additional 69 shares during the quarter. Ipswich Investment Management Co. Inc.’s holdings in ASML were worth $3,926,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ASML. Van ECK Associates Corp raised its stake in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares during the period. Mediolanum International Funds Ltd acquired a new stake in ASML during the 3rd quarter worth $125,952,000. SG Americas Securities LLC raised its stake in shares of ASML by 281.3% in the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after purchasing an additional 115,603 shares during the period. Pathway Financial Advisers LLC raised its stake in shares of ASML by 97,001.7% in the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after purchasing an additional 113,492 shares during the period. Finally, Westfield Capital Management Co. LP raised its stake in shares of ASML by 126.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company’s stock valued at $123,635,000 after purchasing an additional 82,836 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 0.8 %

ASML stock opened at $737.01 on Friday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $289.96 billion, a P/E ratio of 35.43, a PEG ratio of 1.64 and a beta of 1.47. The stock has a 50-day simple moving average of $732.62 and a 200 day simple moving average of $759.39.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 31.35%.

Analysts Set New Price Targets

ASML has been the topic of several recent research reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price 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.