Paradigm Financial Partners LLC Acquires 89 Shares of ASML Holding (NASDAQ:ASML)

Paradigm Financial Partners LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,510 shares of the semiconductor company’s stock after buying an additional 89 shares during the period. Paradigm Financial Partners LLC’s holdings in ASML were worth $3,414,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Transcend Capital Advisors LLC lifted its position in ASML by 3.8% in the fourth quarter. Transcend Capital Advisors LLC now owns 407 shares of the semiconductor company’s stock worth $308,000 after buying an additional 15 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in ASML by 42.8% during the 4th quarter. Russell Investments Group Ltd. now owns 17,047 shares of the semiconductor company’s stock valued at $12,904,000 after purchasing an additional 5,110 shares during the last quarter. Dohj LLC bought a new stake in ASML in the fourth quarter worth about $390,000. Private Wealth Partners LLC bought a new position in shares of ASML during the fourth quarter valued at approximately $294,000. Finally, Valmark Advisers Inc. purchased a new stake in ASML in the fourth quarter worth $376,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 2.0 %

Shares of ASML stock traded up $18.32 on Friday, hitting $918.97. 865,078 shares of the stock traded hands, compared to its average volume of 1,204,430. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The stock has a market capitalization of $362.62 billion, a PE ratio of 46.93, a PEG ratio of 2.29 and a beta of 1.48. The firm’s 50-day moving average price is $955.61 and its two-hundred day moving average price is $805.93. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, analysts anticipate that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be given a $1.343 dividend. 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 0.58%. ASML’s dividend payout ratio is currently 27.02%.

Wall Street Analyst Weigh In

ASML has been the topic of several research reports. Sanford C. Bernstein reduced their price objective 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. 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 report on Thursday, January 25th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Cantor Fitzgerald began coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating for the company. Finally, Wells Fargo & Company increased their target price on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Four 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

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.