First Horizon Advisors Inc. Buys 18 Shares of ASML Holding (NASDAQ:ASML)

First Horizon Advisors Inc. boosted its position in shares of ASML Holding (NASDAQ:ASML) by 7.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 269 shares of the semiconductor company’s stock after purchasing an additional 18 shares during the quarter. First Horizon Advisors Inc.’s holdings in ASML were worth $204,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Carmel Capital Partners LLC boosted its holdings in ASML by 200.0% in the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 30 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 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 worth $28,000 after buying an additional 33 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new position in ASML in the fourth quarter valued at approximately $44,000. Finally, Catalyst Capital Advisors LLC boosted its stake in ASML by 35.4% in the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 17 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 3.6 %

Shares of ASML stock opened at $901.63 on Monday. 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 quick ratio of 0.88 and a current ratio of 1.54. The business’s 50 day simple moving average is $951.12 and its 200 day simple moving average is $817.16. The firm has a market cap of $355.77 billion, a PE ratio of 46.05, a P/E/G ratio of 2.25 and a beta of 1.49.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a $1.343 dividend. 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 dividend payout ratio is presently 32.48%.

Analysts Set New Price Targets

ASML has been the topic of a number of analyst reports. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Cantor Fitzgerald started coverage on ASML in a report on Tuesday, January 23rd. They set an “overweight” rating on the stock. Raymond James upped their price target on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. HSBC initiated coverage on shares of ASML in a research note on Thursday, February 22nd. They set a “buy” rating on the stock. Finally, Evercore ISI initiated coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently 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.