Centurion Wealth Management LLC Purchases 59 Shares of ASML Holding (NASDAQ:ASML)

Centurion Wealth Management LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 15.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 435 shares of the semiconductor company’s stock after purchasing an additional 59 shares during the quarter. Centurion Wealth Management LLC’s holdings in ASML were worth $302,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank boosted its position in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its position in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the fourth quarter valued at approximately $31,000. Brooklyn Investment Group bought a new stake in shares of ASML during the third quarter valued at approximately $43,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of ASML during the third quarter valued at approximately $43,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ASML shares. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. dropped their target price 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. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Finally, Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Up 2.8 %

ASML stock opened at $714.00 on Friday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The business has a fifty day moving average price of $733.01 and a 200-day moving average price of $739.83. 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 stock has a market capitalization of $280.90 billion, a P/E ratio of 34.33, a P/E/G ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last posted its quarterly earnings results 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%. Equities analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors 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 a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 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.