Family Capital Management Inc. Acquires 95 Shares of ASML Holding (NASDAQ:ASML)

Family Capital Management Inc. raised its holdings in ASML Holding (NASDAQ:ASML) by 15.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 724 shares of the semiconductor company’s stock after purchasing an additional 95 shares during the period. Family Capital Management Inc.’s holdings in ASML were worth $548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Carmel Capital Partners LLC grew its holdings in shares of ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 30 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 15 shares during the last quarter. Addison Advisors LLC grew its holdings in shares of ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Cornerstone Planning Group LLC bought a new stake in shares of ASML in the 2nd quarter worth about $39,000. Finally, E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of ASML in the 4th quarter worth about $44,000. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the topic of several research reports. Susquehanna upped their price target on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research report on Friday, January 26th. Wells Fargo & Company upped their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday. They set an “outperform” rating on the stock. Finally, Raymond James upped their price target on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Trading Down 2.0 %

Shares of NASDAQ:ASML traded down $18.58 during mid-day trading on Thursday, reaching $889.03. The stock had a trading volume of 1,581,717 shares, compared to its average volume of 1,236,160. The firm has a 50 day simple moving average of $960.66 and a two-hundred day simple moving average of $791.11. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The firm has a market cap of $350.80 billion, a PE ratio of 41.38, a price-to-earnings-growth ratio of 2.36 and a beta of 1.48.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. On average, research analysts predict that ASML Holding will post 20.4 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be paid 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 yield of 0.60%. ASML’s payout ratio is 24.59%.

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.