Sapient Capital LLC grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 1,365.7% in the 2nd quarter, Holdings Channel reports. The fund owned 7,959 shares of the semiconductor company’s stock after buying an additional 7,416 shares during the period. Sapient Capital LLC’s holdings in ASML were worth $15,815,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in ASML. Cornerstone Financial Management LLC acquired a new position in ASML during the 4th quarter worth approximately $26,000. Portus Wealth Advisors LLC acquired a new stake in ASML in the first quarter valued at approximately $32,000. Resources Management Corp CT ADV grew its stake in shares of ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the last quarter. North Star Investment Management Corp. grew its stake in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in shares of ASML during the fourth quarter worth $30,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Performance
NASDAQ:ASML opened at $1,740.99 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a fifty-two week low of $710.45 and a fifty-two week high of $1,999.96. The company has a 50 day simple moving average of $1,770.13 and a two-hundred day simple moving average of $1,553.08. The company has a market capitalization of $684.70 billion, a PE ratio of 54.17, a P/E/G ratio of 0.87 and a beta of 1.79.
ASML Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were paid a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is currently 22.62%.
Analysts Set New Price Targets
ASML has been the subject of a number of research reports. Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, June 11th. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Finally, Barclays reissued an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.
Read Our Latest Report on ASML
ASML Profile
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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