Newbridge Financial Services Group Inc. Has $211,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Newbridge Financial Services Group Inc. trimmed its position in ASML Holding (NASDAQ:ASML) by 44.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 279 shares of the semiconductor company’s stock after selling 225 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in ASML were worth $211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Townsquare Capital LLC grew its position in shares of ASML by 11.5% during the 3rd quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock worth $5,013,000 after buying an additional 881 shares during the period. Savoie Capital LLC bought a new position in ASML in the third quarter valued at approximately $14,658,000. 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 during the period. CenterBook Partners LP raised its position in shares of ASML by 69.2% during the 3rd quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock valued at $6,787,000 after acquiring an additional 4,716 shares during the last quarter. Finally, Griffin Asset Management Inc. lifted its stake in shares of ASML by 9.3% in the 4th quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock valued at $14,842,000 after purchasing an additional 1,661 shares during the period. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Sanford C. Bernstein decreased their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. HSBC started coverage on shares of ASML in a research report on Thursday, February 22nd. They issued a “buy” rating on the stock. Evercore ISI assumed coverage on shares of ASML in a research note on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, 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 note on Monday. Three equities research 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 MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,043.00.

ASML Stock Performance

Shares of ASML stock opened at $1,061.38 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,077.22. The company’s 50 day moving average price is $949.90 and its two-hundred day moving average price is $890.72. The company has a market capitalization of $418.81 billion, a P/E ratio of 54.21, a price-to-earnings-growth ratio of 2.17 and a beta of 1.49.

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

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.51%. ASML’s dividend payout ratio (DPR) is 32.48%.

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.