Prospera Financial Services Inc increased its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 115.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,144 shares of the semiconductor company’s stock after purchasing an additional 2,761 shares during the period. Prospera Financial Services Inc’s holdings in ASML were worth $4,125,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in ASML. UMB Bank n.a. raised its stake in shares of ASML by 4.3% in the 2nd quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after buying an additional 13 shares in the last quarter. Rossmore Private Capital boosted its stake in ASML by 0.3% during 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 in the last quarter. Baring Financial LLC grew its holdings in ASML by 2.8% during the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after acquiring an additional 14 shares during the period. Sage Mountain Advisors LLC raised its position in ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock worth $399,000 after acquiring an additional 15 shares in the last quarter. Finally, Manchester Capital Management LLC lifted its holdings in ASML by 15.2% in the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on ASML shares. Arete Research raised shares of ASML to a “strong-buy” rating in a research note on Friday, September 12th. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, October 15th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Finally, Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Friday. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,076.33.
ASML Trading Down 1.2%
ASML stock opened at $1,016.96 on Monday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The firm has a market capitalization of $399.95 billion, a price-to-earnings ratio of 41.39, a P/E/G ratio of 1.76 and a beta of 1.88. The company has a 50 day moving average price of $952.53 and a 200 day moving average price of $818.25.
ASML (NASDAQ:ASML – Get Free Report) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The company had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the business earned $5.28 EPS. Research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is a boost from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is 25.76%.
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.
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