Inscription Capital LLC Makes New $201,000 Investment in ASML Holding (NASDAQ:ASML)

Inscription Capital LLC bought a new position in shares of ASML Holding (NASDAQ:ASML) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 203 shares of the semiconductor company’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. International Assets Investment Management LLC boosted its position in shares of ASML by 48,040.7% during the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after acquiring an additional 245,488 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of ASML by 35.6% during the 4th quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock valued at $587,951,000 after acquiring an additional 203,860 shares during the last quarter. Kodai Capital Management LP acquired a new position in shares of ASML during the 4th quarter valued at about $150,318,000. Jennison Associates LLC boosted its position in shares of ASML by 15.3% during the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after acquiring an additional 151,844 shares during the last quarter. Finally, Sands Capital Management LLC lifted its position in ASML by 8.1% in the fourth quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock valued at $1,224,002,000 after buying an additional 121,847 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.3 %

Shares of NASDAQ:ASML opened at $1,036.60 on Friday. 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 firm has a market capitalization of $409.03 billion, a PE ratio of 52.94, a price-to-earnings-growth ratio of 2.22 and a beta of 1.49. The firm’s 50-day moving average is $954.31 and its two-hundred day moving average is $895.42. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,077.22.

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

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were paid a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.52%. ASML’s payout ratio is 32.53%.

Wall Street Analyst Weigh In

A number of research analysts have commented on ASML shares. Wells Fargo & Company upped their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Evercore ISI started coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein decreased their target price on shares of 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. Three research 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 has an average rating of “Moderate Buy” and a consensus target price of $1,043.00.

ASML 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.