Nwam LLC bought a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,149 shares of the semiconductor company's stock, valued at approximately $1,791,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Resources Management Corp CT ADV acquired a new stake in ASML in the 2nd quarter worth about $26,000. Triad Wealth Partners LLC acquired a new stake in ASML in the 2nd quarter worth about $31,000. Fairway Wealth LLC acquired a new stake in ASML in the 3rd quarter worth about $25,000. First Community Trust NA acquired a new stake in ASML in the 2nd quarter worth about $34,000. Finally, Milestone Investment Advisors LLC acquired a new stake in ASML in the 3rd quarter worth about $28,000. Institutional investors own 26.07% of the company's stock.
Analyst Ratings Changes
ASML has been the subject of several analyst reports. UBS Group cut shares of ASML from a "buy" rating to a "neutral" rating in a research note on Wednesday, September 4th. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research note on Friday, October 11th. Morgan Stanley cut shares of ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday, September 20th. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a research report on Thursday, October 17th. Finally, Sanford C. Bernstein dropped their target price on shares of ASML from $1,052.00 to $815.00 and set an "outperform" rating for the company in a research report on Monday, October 21st. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $970.60.
Check Out Our Latest Stock Report on ASML
ASML Price Performance
ASML stock opened at $672.88 on Friday. The company has a 50 day simple moving average of $744.92 and a 200 day simple moving average of $874.05. The stock has a market cap of $264.72 billion, a price-to-earnings ratio of 35.23, a P/E/G ratio of 1.92 and a beta of 1.51. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analysts' expectations of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Research analysts anticipate that ASML Holding will post 20.68 EPS for the current fiscal year.
ASML Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML's dividend payout ratio is 29.21%.
About ASML
(
Free Report)
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.
See Also
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