DekaBank Deutsche Girozentrale Increases Stock Position in ASML Holding N.V. $ASML

DekaBank Deutsche Girozentrale grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 8.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 258 shares of the semiconductor company’s stock after buying an additional 21 shares during the period. DekaBank Deutsche Girozentrale’s holdings in ASML were worth $207,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. UMB Bank n.a. raised its holdings in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after buying an additional 13 shares during the last quarter. Rossmore Private Capital raised its holdings in shares of ASML by 0.3% in the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock valued at $2,880,000 after buying an additional 14 shares during the last quarter. Baring Financial LLC raised its holdings in shares of ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after buying an additional 14 shares during the last quarter. Sage Mountain Advisors LLC raised its holdings in shares of ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after buying an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC raised its holdings in shares of ASML by 15.2% in the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Friday, October 10th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Wells Fargo & Company increased their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a report on Monday, October 6th. Finally, Erste Group Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Trading Down 0.3%

Shares of ASML opened at $1,033.10 on Monday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average is $892.92 and its two-hundred day moving average is $789.40. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The firm has a market capitalization of $406.30 billion, a P/E ratio of 42.05, a PEG ratio of 1.70 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the business posted $5.28 earnings per share. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. On average, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be given a $1.857 dividend. This is a boost from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.56%.

ASML 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.