Nicholas Hoffman & Company LLC. Buys New Stake in ASML Holding (NASDAQ:ASML)

Nicholas Hoffman & Company LLC. purchased a new stake in ASML Holding (NASDAQ:ASML) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 338 shares of the semiconductor company’s stock, valued at approximately $328,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its holdings in ASML by 49.3% in the third quarter. Private Trust Co. NA now owns 515 shares of the semiconductor company’s stock valued at $303,000 after purchasing an additional 170 shares during the period. Ropes Wealth Advisors LLC grew its stake in ASML by 3.4% during the 3rd quarter. Ropes Wealth Advisors LLC now owns 1,143 shares of the semiconductor company’s stock valued at $673,000 after acquiring an additional 38 shares in the last quarter. Sunesis Advisors LLC acquired a new stake in ASML in the 3rd quarter valued at about $252,000. Security National Bank lifted its stake in ASML by 29.3% in the 3rd quarter. Security National Bank now owns 9,150 shares of the semiconductor company’s stock worth $5,313,000 after purchasing an additional 2,074 shares in the last quarter. Finally, Fulton Breakefield Broenniman LLC boosted its holdings in shares of ASML by 4.8% during the 3rd quarter. Fulton Breakefield Broenniman LLC now owns 588 shares of the semiconductor company’s stock worth $346,000 after purchasing an additional 27 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on ASML shares. Cantor Fitzgerald assumed coverage on ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating on the stock. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Evercore ISI initiated coverage on shares of ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Susquehanna raised their price target on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Four 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 company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Trading Down 4.1 %

Shares of ASML stock traded down $37.30 during trading hours on Tuesday, hitting $872.47. The company had a trading volume of 1,092,577 shares, compared to its average volume of 1,228,772. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company’s fifty day moving average is $954.49 and its 200 day moving average is $811.32. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The stock has a market capitalization of $344.27 billion, a PE ratio of 44.56, a price-to-earnings-growth ratio of 2.29 and a beta of 1.49.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.62%. ASML’s dividend payout ratio is presently 32.99%.

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.