Leo Wealth LLC Invests $215,000 in ASML Holding (NASDAQ:ASML)

Leo Wealth LLC acquired a new stake in ASML Holding (NASDAQ:ASML) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 263 shares of the semiconductor company’s stock, valued at approximately $215,000.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. Toth Financial Advisory Corp grew its stake in shares of ASML by 11.5% in the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after buying an additional 13 shares in the last quarter. Slow Capital Inc. grew its stake in shares of ASML by 0.3% during the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after acquiring an additional 13 shares in the last quarter. Alera Investment Advisors LLC increased its position in shares of ASML by 2.9% during the fourth quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after acquiring an additional 14 shares during the last quarter. Marcum Wealth LLC raised its position in shares of ASML by 3.2% in the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 15 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ASML. Evercore ISI began coverage on shares of ASML in a research note on Tuesday, April 16th. They set an “outperform” rating on the stock. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. HSBC began coverage on shares of ASML in a report on Thursday, February 22nd. They issued a “buy” rating for the company. Wells Fargo & Company increased their price objective on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Sanford C. Bernstein cut their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,043.00.

ASML Stock Performance

NASDAQ:ASML opened at $1,052.47 on Tuesday. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,077.22. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $415.29 billion, a PE ratio of 53.75, a PEG ratio of 2.17 and a beta of 1.49. The firm’s fifty day simple moving average is $948.47 and its 200 day simple moving average is $888.12.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The firm had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. On average, sell-side analysts anticipate that ASML Holding will post 20.12 EPS for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were paid a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.51%. ASML’s payout ratio is currently 32.53%.

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.