Point72 DIFC Ltd Acquires 3,527 Shares of ASML Holding (NASDAQ:ASML)

Point72 DIFC Ltd increased its position in ASML Holding (NASDAQ:ASML - Free Report) by 122.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,415 shares of the semiconductor company's stock after purchasing an additional 3,527 shares during the period. Point72 DIFC Ltd's holdings in ASML were worth $6,560,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV increased its position in ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company's stock worth $910,102,000 after buying an additional 870,010 shares during the period. Jennison Associates LLC grew its position in ASML by 50.0% in the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company's stock worth $1,668,386,000 after purchasing an additional 572,996 shares during the last quarter. Fayez Sarofim & Co acquired a new stake in shares of ASML in the first quarter valued at approximately $542,710,000. GQG Partners LLC boosted its position in shares of ASML by 21.6% during the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company's stock worth $1,608,921,000 after buying an additional 294,784 shares during the period. Finally, 1832 Asset Management L.P. grew its holdings in ASML by 11,084.1% in the 1st quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company's stock worth $238,784,000 after buying an additional 243,850 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 1.3 %

Shares of NASDAQ:ASML traded up $10.50 during mid-day trading on Tuesday, hitting $814.00. The stock had a trading volume of 880,960 shares, compared to its average volume of 1,263,367. The company's 50 day moving average is $860.62 and its 200-day moving average is $936.22. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The company has a market cap of $321.20 billion, a PE ratio of 41.57, a P/E/G ratio of 1.96 and a beta of 1.49.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter in the prior year, the company earned $5.37 earnings per share. The company's revenue for the quarter was down 9.5% on a year-over-year basis. On average, sell-side analysts predict that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.92%. This is a positive change from ASML's previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. ASML's dividend payout ratio is 28.50%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Susquehanna raised their price target on ASML from $1,200.00 to $1,300.00 and gave the company a "positive" rating in a report on Thursday, July 11th. Wells Fargo & Company raised their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an "overweight" rating in a research note on Monday, June 17th. Morgan Stanley lowered shares of ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday. Barclays upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. upped their target price on ASML from $1,172.00 to $1,202.00 and gave the stock an "overweight" rating in a research report on Thursday, July 18th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,147.80.

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.