Geneos Wealth Management Inc. Acquires 48 Shares of ASML Holding (NASDAQ:ASML)

Geneos Wealth Management Inc. raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 33.8% during the fourth quarter, Holdings Channel reports. The fund owned 190 shares of the semiconductor company’s stock after buying an additional 48 shares during the period. Geneos Wealth Management Inc.’s holdings in ASML were worth $144,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. Carmel Capital Partners LLC grew its holdings in shares of ASML by 200.0% in 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 grew its holdings in shares of ASML by 220.0% in 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 grew its holdings in shares of ASML by 48.4% in 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. First Financial Corp IN bought a new position in shares of ASML in the third quarter worth approximately $36,000. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of ASML by 35.4% in 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. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 0.7 %

Shares of NASDAQ ASML opened at $954.82 on Tuesday. The firm’s 50 day moving average price is $959.51 and its 200-day moving average price is $787.55. The company has a market cap of $376.76 billion, a PE ratio of 44.39, a P/E/G ratio of 2.32 and a beta of 1.49. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.96 and a current ratio of 1.50.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.48. The firm had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 28.44% and a return on equity of 68.32%. On average, equities research analysts expect that ASML Holding will post 20.46 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a $1.343 dividend. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.56%. ASML’s dividend payout ratio is presently 24.59%.

Analysts Set New Price Targets

Several analysts recently weighed in on ASML shares. Susquehanna lifted their price target on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Wells Fargo & Company boosted their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Raymond James boosted their price target on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Finally, HSBC began coverage on shares of ASML in a research report on Thursday, February 22nd. They set a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

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.