ASML Holding (NASDAQ:ASML) Shares Acquired by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd grew its holdings in ASML Holding (NASDAQ:ASML) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,508 shares of the semiconductor company’s stock after acquiring an additional 187 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in ASML were worth $1,139,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Carmel Capital Partners LLC boosted its holdings in ASML by 200.0% in the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 30 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 15 shares in the last quarter. Addison Advisors LLC boosted its holdings in ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 33 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in ASML in the fourth quarter worth about $44,000. Finally, Catalyst Capital Advisors LLC lifted its holdings in shares of ASML by 35.4% during the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ASML shares. HSBC started coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating for the company. Sanford C. Bernstein cut their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Raymond James boosted their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Cantor Fitzgerald initiated coverage on ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating for the company. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Trading Up 3.4 %

Shares of ASML stock traded up $29.52 during trading hours on Tuesday, hitting $901.57. The company’s stock had a trading volume of 989,407 shares, compared to its average volume of 1,248,775. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The firm has a fifty day moving average of $957.00 and a 200-day moving average of $800.90. The stock has a market cap of $355.75 billion, a price-to-earnings ratio of 46.05, a P/E/G ratio of 2.11 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. Research analysts forecast that ASML Holding will post 20.31 EPS for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 27.02%.

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.