Greenwich Wealth Management LLC Boosts Holdings in ASML Holding (NASDAQ:ASML)

Greenwich Wealth Management LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 23.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 816 shares of the semiconductor company’s stock after acquiring an additional 156 shares during the period. Greenwich Wealth Management LLC’s holdings in ASML were worth $565,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Centurion Wealth Management LLC lifted its holdings in shares of ASML by 15.7% in the 4th quarter. Centurion Wealth Management LLC now owns 435 shares of the semiconductor company’s stock valued at $302,000 after purchasing an additional 59 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in ASML by 5.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,754 shares of the semiconductor company’s stock worth $8,840,000 after buying an additional 643 shares during the period. Ironsides Asset Advisors LLC purchased a new stake in ASML in the fourth quarter valued at approximately $211,000. Avalon Trust Co boosted its holdings in shares of ASML by 1.5% in the fourth quarter. Avalon Trust Co now owns 14,324 shares of the semiconductor company’s stock valued at $9,928,000 after acquiring an additional 214 shares during the period. Finally, Choate Investment Advisors grew its position in shares of ASML by 58.4% during the fourth quarter. Choate Investment Advisors now owns 1,362 shares of the semiconductor company’s stock worth $944,000 after acquiring an additional 502 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $714.00 on Monday. The firm has a market capitalization of $280.90 billion, a PE ratio of 34.33, a P/E/G ratio of 1.62 and a beta of 1.54. The stock’s 50 day moving average is $733.01 and its two-hundred day moving average is $738.78. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

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 analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Research analysts anticipate 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. Investors 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 (DPR) is 31.35%.

Wall Street Analyst Weigh In

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

About ASML

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.