Blueshift Asset Management LLC Has $1.25 Million Stake in ASML Holding (NASDAQ:ASML)

Blueshift Asset Management LLC lifted its stake in ASML Holding (NASDAQ:ASML - Free Report) by 133.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,501 shares of the semiconductor company's stock after purchasing an additional 859 shares during the period. Blueshift Asset Management LLC's holdings in ASML were worth $1,251,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Resources Management Corp CT ADV bought a new position in ASML in the second quarter valued at about $26,000. Triad Wealth Partners LLC bought a new stake in shares of ASML during the second quarter worth approximately $31,000. Fairway Wealth LLC bought a new position in ASML in the third quarter valued at approximately $25,000. First Community Trust NA bought a new stake in shares of ASML during the 2nd quarter valued at $34,000. Finally, Milestone Investment Advisors LLC acquired a new position in shares of ASML in the 3rd quarter valued at $28,000. Institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent analyst reports. Berenberg Bank upgraded ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Barclays raised shares of ASML from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, July 30th. UBS Group downgraded shares of ASML from a "buy" rating to a "neutral" rating in a research note on Wednesday, September 4th. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating on the stock in a research report on Friday, October 11th. Finally, Morgan Stanley cut shares of ASML from an "overweight" rating to an "equal weight" rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $970.60.

ASML Stock Down 1.8 %

NASDAQ:ASML opened at $671.97 on Wednesday. The company has a market cap of $264.37 billion, a PE ratio of 35.18, a PEG ratio of 1.99 and a beta of 1.51. The stock has a 50-day simple moving average of $739.87 and a 200 day simple moving average of $870.11. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. 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 quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts' consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, sell-side analysts expect that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.84%. ASML's payout ratio is presently 29.21%.

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.

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