ASML Holding (NASDAQ:ASML) Stock Holdings Reduced by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC cut its position in shares of ASML Holding (NASDAQ:ASML) by 15.2% in the fourth quarter, Holdings Channel reports. The firm owned 587 shares of the semiconductor company’s stock after selling 105 shares during the period. Sage Mountain Advisors LLC’s holdings in ASML were worth $407,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Carnegie Investment Counsel lifted its stake in ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after acquiring an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of ASML in the 4th quarter valued at $1,174,000. Taurus Asset Management LLC bought a new stake in ASML in the third quarter worth $16,994,000. State Street Corp increased its position in ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after buying an additional 7,010 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its holdings in ASML by 36.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after buying an additional 7,073 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on ASML shares. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Sanford C. Bernstein reduced their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Price Performance

Shares of ASML stock opened at $690.21 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market cap of $271.54 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The firm has a fifty day moving average price of $732.93 and a two-hundred day moving average price of $742.65. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is currently 31.35%.

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.