Wilmington Savings Fund Society FSB purchased a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,726 shares of the semiconductor company's stock, valued at approximately $1,438,000.
Other hedge funds also recently made changes to their positions in the company. Fairway Wealth LLC acquired a new stake in shares of ASML in the third quarter valued at $25,000. Resources Management Corp CT ADV purchased a new position in ASML during the second quarter valued at approximately $26,000. Milestone Investment Advisors LLC acquired a new position in shares of ASML in the third quarter worth $28,000. POM Investment Strategies LLC acquired a new position in ASML in the 2nd quarter worth about $36,000. Finally, Ridgewood Investments LLC acquired a new position in ASML in the second quarter worth approximately $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.
ASML Price Performance
NASDAQ ASML traded up $5.48 during trading on Friday, reaching $718.58. The company's stock had a trading volume of 1,455,664 shares, compared to its average volume of 1,451,020. The stock has a market capitalization of $282.71 billion, a PE ratio of 37.62, a P/E/G ratio of 2.07 and a beta of 1.49. 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 Holding has a one year low of $645.45 and a one year high of $1,110.09. The firm has a fifty day moving average of $709.10 and a 200 day moving average of $849.45.
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 the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. Analysts expect that ASML Holding will post 20.68 EPS for the current fiscal year.
ASML Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML's dividend payout ratio is currently 29.21%.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 target price for the company. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Susquehanna dropped their target price 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. UBS Group cut shares of ASML from a "buy" rating to a "neutral" rating in a report on Wednesday, September 4th. Finally, Berenberg Bank raised ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $943.83.
Check Out Our Latest Stock Report on ASML
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.
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