Alliance Wealth Advisors LLC UT Lowers Holdings in ASML Holding (NASDAQ:ASML)

Alliance Wealth Advisors LLC UT reduced its holdings in shares of ASML Holding (NASDAQ:ASML) by 27.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 406 shares of the semiconductor company’s stock after selling 153 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in ASML were worth $307,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ASML. Van ECK Associates Corp grew 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 worth $628,344,000 after buying an additional 274,562 shares in the last quarter. International Assets Investment Management LLC grew its holdings in 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 worth $186,202,000 after acquiring an additional 245,488 shares in the last quarter. Barclays PLC increased its position in shares of ASML by 106.5% in the 3rd quarter. Barclays PLC now owns 336,956 shares of the semiconductor company’s stock valued at $198,353,000 after purchasing an additional 173,813 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of ASML by 15.3% in the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after purchasing an additional 151,844 shares in the last quarter. Finally, FMR LLC lifted its position in shares of ASML by 3.6% during the 3rd quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after purchasing an additional 126,413 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of NASDAQ:ASML traded up $18.32 during trading on Friday, reaching $918.97. The company had a trading volume of 865,078 shares, compared to its average volume of 1,204,430. 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’s fifty day moving average price is $955.61 and its 200 day moving average price is $805.93. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The firm has a market capitalization of $362.62 billion, a price-to-earnings ratio of 46.93, a price-to-earnings-growth ratio of 2.29 and a beta of 1.48.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, equities research analysts predict that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.58%. ASML’s dividend payout ratio is currently 27.02%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Sanford C. Bernstein cut their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Raymond James boosted their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Susquehanna increased their price target on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. HSBC initiated coverage on shares of ASML in a research report on Thursday, February 22nd. They set a “buy” rating for the company. Finally, Evercore ISI initiated coverage on shares of ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.