Callan Capital LLC Increases Position in ASML Holding (NASDAQ:ASML)

Callan Capital LLC increased its position in shares of ASML Holding (NASDAQ:ASML) by 4.7% during the fourth quarter, Holdings Channel reports. The fund owned 1,707 shares of the semiconductor company’s stock after acquiring an additional 76 shares during the quarter. Callan Capital LLC’s holdings in ASML were worth $1,183,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Carnegie Investment Counsel raised its stake in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares during the period. Central Pacific Bank Trust Division acquired a new stake in shares of ASML during the 4th quarter valued at $1,174,000. Taurus Asset Management LLC purchased a new position in shares of ASML in the third quarter worth approximately $16,994,000. State Street Corp raised 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 valued at $117,323,000 after buying an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. increased its stake in ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after buying an additional 1,032 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 0.8 %

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

ASML (NASDAQ:ASML) last released its quarterly earnings data 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 return on equity of 47.73% and a net margin of 26.78%. Analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. 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. 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 on the stock. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.