ASML Holding (NASDAQ:ASML) Shares Sold by Benchmark Investment Advisors LLC

by · The Cerbat Gem

Benchmark Investment Advisors LLC reduced its stake in ASML Holding (NASDAQ:ASML – Free Report) by 58.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 953 shares of the semiconductor company’s stock after selling 1,362 shares during the period. Benchmark Investment Advisors LLC’s holdings in ASML were worth $661,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. Aristides Capital LLC bought a new position in ASML during the 4th quarter worth $1,663,000. Edgewood Management LLC boosted its holdings in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the period. Gavilan Investment Partners LLC grew its position in shares of ASML by 7.5% during the fourth quarter. Gavilan Investment Partners LLC now owns 28,700 shares of the semiconductor company’s stock worth $19,891,000 after acquiring an additional 2,000 shares during the last quarter. Peapack Gladstone Financial Corp grew its position in shares of ASML by 101.5% during the fourth quarter. Peapack Gladstone Financial Corp now owns 15,214 shares of the semiconductor company’s stock worth $10,544,000 after acquiring an additional 7,663 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in shares of ASML by 4.8% in the 4th quarter. Quadrant Capital Group LLC now owns 4,072 shares of the semiconductor company’s stock worth $2,822,000 after acquiring an additional 187 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on ASML. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

View Our Latest Stock Report on ASML

ASML Stock Performance

ASML opened at $605.55 on Friday. ASML Holding has a 1-year low of $597.69 and a 1-year high of $1,110.09. The company has a market capitalization of $238.24 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The business has a 50 day moving average price of $716.73 and a two-hundred day moving average price of $726.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML – Get Free Report) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 31.35%.

ASML Company Profile

(Free Report)

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.

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