Teamwork Financial Advisors LLC Has $249,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Teamwork Financial Advisors LLC cut its holdings in ASML Holding (NASDAQ:ASML) by 18.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 329 shares of the semiconductor company’s stock after selling 76 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in ASML were worth $249,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Carmel Capital Partners LLC boosted its position in ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 30 shares during the last quarter. Addison Advisors LLC boosted its position in ASML by 220.0% during the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 33 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in ASML by 48.4% during the 4th 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 during the last quarter. Bollard Group LLC acquired a new position in ASML during the 2nd quarter worth approximately $36,000. Finally, First Financial Corp IN acquired a new position in ASML during the 3rd quarter worth approximately $36,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of research analyst reports. Raymond James increased their price target on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Cantor Fitzgerald began coverage on ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating on the stock. Susquehanna increased their price objective on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research report on Friday, January 26th. JPMorgan Chase & Co. increased their price objective on ASML from $726.00 to $878.00 and gave the stock an “overweight” rating in a research report on Thursday, November 30th. Finally, Sanford C. Bernstein upgraded ASML from a “market perform” rating to an “outperform” rating in a research report on Monday, January 22nd. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $962.60.

ASML Price Performance

NASDAQ:ASML traded down $3.54 during trading hours on Friday, hitting $970.47. The company’s stock had a trading volume of 685,856 shares, compared to its average volume of 1,108,298. The stock has a fifty day simple moving average of $929.27 and a 200-day simple moving average of $753.33. The company has a market capitalization of $382.94 billion, a P/E ratio of 45.12, a PEG ratio of 2.35 and a beta of 1.49. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34.

ASML (NASDAQ:ASML) last posted its 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. The firm had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a return on equity of 68.32% and a net margin of 28.44%. On average, analysts anticipate that ASML Holding will post 20.48 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.55%. ASML’s dividend payout ratio (DPR) is 24.59%.

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.