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Three Bridge Wealth Advisors LLC Makes New $695,000 Investment in ASML Holding (NASDAQ:ASML)


Three Bridge Wealth Advisors LLC Makes New $695,000 Investment in ASML Holding (NASDAQ:ASML)

Three Bridge Wealth Advisors LLC bought a new position in ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,003 shares of the semiconductor company's stock, valued at approximately $695,000.

Several other institutional investors have also made changes to their positions in the company. CWM LLC raised its position in ASML by 5.4% during the third quarter. CWM LLC now owns 2,044 shares of the semiconductor company's stock valued at $1,703,000 after buying an additional 105 shares during the period. Procyon Advisors LLC grew its stake in ASML by 18.3% during the 3rd quarter. Procyon Advisors LLC now owns 763 shares of the semiconductor company's stock valued at $636,000 after acquiring an additional 118 shares in the last quarter. Creative Planning increased its holdings in shares of ASML by 2.6% in the 3rd quarter. Creative Planning now owns 26,866 shares of the semiconductor company's stock valued at $22,386,000 after purchasing an additional 669 shares during the period. NBC Securities Inc. lifted its position in shares of ASML by 38.1% in the third quarter. NBC Securities Inc. now owns 116 shares of the semiconductor company's stock worth $96,000 after purchasing an additional 32 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its holdings in shares of ASML by 6.2% during the third quarter. Foster Victor Wealth Advisors LLC now owns 359 shares of the semiconductor company's stock worth $304,000 after purchasing an additional 21 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have weighed in on ASML shares. Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and an average price target of $937.00.

Read Our Latest Analysis on ASML

ASML opened at $756.17 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a market cap of $297.49 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. The stock has a 50-day moving average of $726.48 and a 200-day moving average of $764.28. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

The company also recently announced a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date is Tuesday, February 11th. This is an increase from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is 26.83%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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