Choreo LLC Purchases 95 Shares of ASML Holding (NASDAQ:ASML)

Choreo LLC boosted its position in ASML Holding (NASDAQ:ASML) by 1.3% during the 4th quarter, Holdings Channel reports. The fund owned 7,311 shares of the semiconductor company’s stock after buying an additional 95 shares during the period. Choreo LLC’s holdings in ASML were worth $5,088,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Nvwm LLC grew its holdings in shares of ASML by 16.5% during the fourth quarter. Nvwm LLC now owns 2,755 shares of the semiconductor company’s stock valued at $1,910,000 after buying an additional 391 shares during the last quarter. Martin Capital Partners LLC bought a new position in ASML in the 4th quarter valued at about $1,592,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in ASML by 12.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 120,682 shares of the semiconductor company’s stock valued at $86,093,000 after purchasing an additional 12,972 shares during the last quarter. Stratos Wealth Partners LTD. increased its holdings in ASML by 9.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,608 shares of the semiconductor company’s stock worth $3,194,000 after purchasing an additional 400 shares in the last quarter. Finally, Ninety One UK Ltd raised its stake in shares of ASML by 119.5% in the fourth quarter. Ninety One UK Ltd now owns 64,587 shares of the semiconductor company’s stock worth $44,764,000 after purchasing an additional 35,161 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Susquehanna cut their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Sanford C. Bernstein decreased 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. Finally, JPMorgan Chase & Co. cut 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. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Performance

Shares of ASML opened at $742.59 on Thursday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock’s fifty day moving average price is $721.49 and its two-hundred day moving average price is $769.85. The firm has a market cap of $292.15 billion, a PE ratio of 35.70, a PEG ratio of 1.62 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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%. On average, equities research analysts forecast that ASML Holding will post 25.31 EPS for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

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.