Baron Silver Stevens Financial Advisors LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 317 shares of the semiconductor company’s stock, valued at approximately $254,000.
Several other hedge funds have also made changes to their positions in the company. Public Employees Retirement System of Ohio purchased a new stake in shares of ASML in the fourth quarter valued at $2,888,000. First Hawaiian Bank raised its position in ASML by 27.1% during the first quarter. First Hawaiian Bank now owns 1,288 shares of the semiconductor company’s stock valued at $853,000 after buying an additional 275 shares during the period. Parallel Advisors LLC lifted its stake in ASML by 12.1% in the 1st quarter. Parallel Advisors LLC now owns 2,859 shares of the semiconductor company’s stock worth $1,895,000 after acquiring an additional 309 shares in the last quarter. BTC Capital Management Inc. boosted its position in ASML by 4.0% during the 1st quarter. BTC Capital Management Inc. now owns 1,132 shares of the semiconductor company’s stock worth $750,000 after acquiring an additional 44 shares during the period. Finally, New Hampshire Trust boosted its holdings in ASML by 16.0% in the 1st quarter. New Hampshire Trust now owns 384 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 53 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Price Performance
Shares of ASML stock opened at $951.52 on Monday. The stock’s fifty day simple moving average is $777.78 and its 200 day simple moving average is $743.85. ASML Holding N.V. has a one year low of $578.51 and a one year high of $977.48. The firm has a market cap of $374.35 billion, a price-to-earnings ratio of 39.71, a P/E/G ratio of 1.61 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.
ASML Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a dividend of $1.856 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 0.8%. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s payout ratio is 26.21%.
Analyst Ratings Changes
ASML has been the subject of several recent research reports. New Street Research raised ASML from a “neutral” rating to a “buy” rating in a report on Thursday, July 24th. Jefferies Financial Group lowered ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Barclays reaffirmed a “neutral” rating on shares of ASML in a research report on Tuesday, September 16th. Wells Fargo & Company lifted their price target on shares of ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Finally, Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $923.80.
Read Our Latest Stock Report on ASML
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.
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