FourThought Financial Partners LLC Acquires 1,016 Shares of ASML Holding (NASDAQ:ASML)

FourThought Financial Partners LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 11.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,522 shares of the semiconductor company’s stock after acquiring an additional 1,016 shares during the quarter. FourThought Financial Partners LLC’s holdings in ASML were worth $7,207,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Carmel Capital Partners LLC increased its stake in 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 buying an additional 30 shares during the period. Addison Advisors LLC raised its stake in shares of ASML by 220.0% during the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. Creative Financial Designs Inc. ADV boosted 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 valued at $35,000 after purchasing an additional 15 shares during the period. Catalyst Capital Advisors LLC increased its holdings in ASML by 35.4% during the 3rd 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 period. Finally, Bradley & Co. Private Wealth Management LLC raised its position in ASML by 7,300.0% during the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 73 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 3.6 %

ASML stock traded up $31.35 during midday trading on Friday, reaching $901.63. The company’s stock had a trading volume of 1,038,174 shares, compared to its average volume of 1,239,902. 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 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The stock has a market capitalization of $355.77 billion, a P/E ratio of 46.05, a PEG ratio of 2.17 and a beta of 1.49. The stock’s 50-day simple moving average is $951.12 and its 200-day simple moving average is $814.09.

ASML Cuts Dividend

The business 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 dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is presently 32.53%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ASML. Wells Fargo & Company lifted their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Cantor Fitzgerald assumed coverage on shares of ASML in a report on Tuesday, January 23rd. They set an “overweight” rating on the stock. Susquehanna upped their target price on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Raymond James lifted their price target on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a report on Thursday, January 25th. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

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.