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

Harvest Fund Management Co. Ltd lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 14.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,508 shares of the semiconductor company’s stock after purchasing an additional 187 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in ASML were worth $1,139,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Carmel Capital Partners LLC boosted its holdings in shares of ASML by 200.0% during the third 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. Addison Advisors LLC boosted its holdings in shares of ASML by 220.0% during the third 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. Creative Financial Designs Inc. ADV boosted its holdings in shares of ASML by 48.4% during the fourth 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. Catalyst Capital Advisors LLC boosted 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 last quarter. Finally, Bradley & Co. Private Wealth Management LLC boosted its holdings in shares of ASML by 7,300.0% during the third quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on ASML. Raymond James lifted their target price on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a report on Thursday, January 25th. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. HSBC began coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Sanford C. Bernstein reduced their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Finally, Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Up 3.4 %

Shares of ASML traded up $29.52 during midday trading on Tuesday, reaching $901.57. 989,407 shares of the company were exchanged, compared to its average volume of 1,248,775. The stock has a 50-day moving average price of $957.00 and a 200-day moving average price of $800.90. The company 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. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,056.34. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The company had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Research analysts expect that ASML Holding will post 20.31 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently announced 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. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s payout ratio is 27.02%.

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.