Prospera Private Wealth LLC Has $1.47 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Prospera Private Wealth LLC lifted its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 542.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,766 shares of the semiconductor company's stock after buying an additional 1,491 shares during the period. Prospera Private Wealth LLC's holdings in ASML were worth $1,472,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ASML. West Family Investments Inc. raised its holdings in shares of ASML by 16.0% during the third quarter. West Family Investments Inc. now owns 1,305 shares of the semiconductor company's stock worth $1,087,000 after acquiring an additional 180 shares in the last quarter. Pathstone Holdings LLC raised its stake in shares of ASML by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 28,785 shares of the semiconductor company's stock worth $23,985,000 after purchasing an additional 1,284 shares in the last quarter. Baron Wealth Management LLC lifted its holdings in shares of ASML by 7.8% during the 3rd quarter. Baron Wealth Management LLC now owns 275 shares of the semiconductor company's stock valued at $229,000 after buying an additional 20 shares during the last quarter. Semus Wealth Partners LLC bought a new stake in shares of ASML in the 3rd quarter valued at approximately $453,000. Finally, Taurus Asset Management LLC bought a new stake in ASML in the third quarter worth approximately $16,994,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Trading Down 1.5 %

Shares of ASML stock traded down $10.21 during trading hours on Wednesday, reaching $651.95. The company had a trading volume of 876,699 shares, compared to its average volume of 1,441,531. 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. The firm has a market cap of $256.49 billion, a price-to-earnings ratio of 34.19, a P/E/G ratio of 1.90 and a beta of 1.51. The company has a 50 day moving average of $753.23 and a 200 day moving average of $878.72.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results 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 firm had revenue of $8.21 billion for the quarter, compared to analysts' expectations of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, equities research analysts anticipate that ASML Holding will post 20.77 EPS for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.86%. ASML's dividend payout ratio is 29.21%.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent analyst reports. Sanford C. Bernstein decreased their price target on ASML from $1,052.00 to $815.00 and set an "outperform" rating for the company in a research note on Monday, October 21st. Wells Fargo & Company decreased their price target on shares of ASML from $1,000.00 to $790.00 and set an "overweight" rating on the stock in a research report on Thursday, October 17th. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a research note on Thursday, October 17th. Berenberg Bank raised ASML to a "strong-buy" rating in a research note on Wednesday, October 2nd. Finally, Susquehanna reduced their price objective on ASML from $1,300.00 to $1,100.00 and set a "positive" rating on the stock in a research note on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $970.60.

ASML Company 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.