BNP PARIBAS ASSET MANAGEMENT Holding S.A. Increases Stake in ASML Holding (NASDAQ:ASML)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in ASML Holding (NASDAQ:ASML - Free Report) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,110 shares of the semiconductor company's stock after buying an additional 1,688 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in ASML were worth $24,256,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Hilltop National Bank increased its stake in shares of ASML by 1.0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company's stock worth $997,000 after buying an additional 10 shares during the period. Valley National Advisers Inc. increased its stake in shares of ASML by 1.1% in the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company's stock worth $1,159,000 after buying an additional 12 shares during the period. Pure Financial Advisors LLC increased its stake in shares of ASML by 2.8% in the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company's stock worth $454,000 after buying an additional 12 shares during the period. First Pacific Financial increased its stake in shares of ASML by 1.1% in the second quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company's stock worth $1,146,000 after buying an additional 12 shares during the period. Finally, RMR Wealth Builders boosted its holdings in ASML by 0.6% in the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company's stock valued at $2,162,000 after acquiring an additional 12 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 0.1 %

ASML stock traded up $0.72 during mid-day trading on Friday, reaching $672.88. The stock had a trading volume of 1,275,596 shares, compared to its average volume of 2,068,261. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a 50-day moving average price of $744.92 and a two-hundred day moving average price of $874.05. 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 company has a market capitalization of $264.72 billion, a price-to-earnings ratio of 35.23, a PEG ratio of 1.95 and a beta of 1.51.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion during 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, analysts expect that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a $1.407 dividend. 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 29.21%.

Analyst Ratings Changes

Several research firms recently weighed in on ASML. UBS Group cut shares of ASML from a "buy" rating to a "neutral" rating in a report on Wednesday, September 4th. Morgan Stanley cut shares of ASML from an "overweight" rating to an "equal weight" rating in a report on Friday, September 20th. Wells Fargo & Company cut their price target on shares of ASML from $1,000.00 to $790.00 and set an "overweight" rating on the stock in a report on Thursday, October 17th. Berenberg Bank upgraded shares of ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Finally, Susquehanna cut 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 report on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.