Avantax Advisory Services Inc. Sells 139 Shares of ASML Holding (NASDAQ:ASML)

Avantax Advisory Services Inc. lowered its position in shares of ASML Holding (NASDAQ:ASML) by 0.9% during the fourth quarter, HoldingsChannel reports. The fund owned 14,765 shares of the semiconductor company’s stock after selling 139 shares during the quarter. Avantax Advisory Services Inc.’s holdings in ASML were worth $10,233,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Steigerwald Gordon & Koch Inc. lifted its holdings in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC increased its position in shares of ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. lifted its holdings in shares of ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after buying an additional 14 shares in the last quarter. Sunpointe LLC boosted its position in shares of ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after acquiring an additional 14 shares during the period. Finally, Family Capital Management Inc. boosted its position in shares of ASML by 1.7% in the third quarter. Family Capital Management Inc. now owns 909 shares of the semiconductor company’s stock valued at $757,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ASML. Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Finally, Wells Fargo & Company lifted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Two research 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Up 1.9 %

Shares of ASML opened at $703.37 on Thursday. The stock has a market capitalization of $276.72 billion, a P/E ratio of 33.82, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $733.14 and a two-hundred day simple moving average of $742.38.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared 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 of this dividend was Tuesday, February 11th. ASML’s payout ratio is presently 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.