Hollow Brook Wealth Management LLC Purchases 27 Shares of ASML Holding (NASDAQ:ASML)

Hollow Brook Wealth Management LLC boosted its position in ASML Holding (NASDAQ:ASML) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,405 shares of the semiconductor company’s stock after purchasing an additional 27 shares during the quarter. Hollow Brook Wealth Management LLC’s holdings in ASML were worth $1,820,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its stake in shares of ASML by 3.6% in the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after acquiring an additional 126,413 shares during the last quarter. Sands Capital Management LLC grew its stake in shares of ASML by 7.6% in the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock worth $880,186,000 after acquiring an additional 105,339 shares during the last quarter. Clearbridge Investments LLC grew its stake in shares of ASML by 2.0% in the third quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock worth $714,971,000 after acquiring an additional 23,783 shares during the last quarter. Jennison Associates LLC boosted its position in shares of ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after buying an additional 151,844 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of ASML by 34.6% during the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after buying an additional 274,562 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of several recent analyst reports. Sanford C. Bernstein dropped their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Raymond James increased their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Wells Fargo & Company increased their price objective 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. Finally, HSBC assumed coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Trading Down 4.1 %

Shares of ASML traded down $37.30 during mid-day trading on Tuesday, reaching $872.47. 1,092,577 shares of the company’s stock traded hands, compared to its average volume of 1,228,772. The stock has a market cap of $344.27 billion, a P/E ratio of 44.56, a P/E/G ratio of 2.29 and a beta of 1.49. The stock’s 50-day moving average is $954.49 and its two-hundred day moving average is $811.32. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors 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 yield of 0.62%. ASML’s dividend payout ratio (DPR) is currently 32.99%.

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.