Zions Bancorporation National Association UT bought a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,818 shares of the semiconductor company's stock, valued at approximately $7,168,000.
Other institutional investors have also made changes to their positions in the company. Bristlecone Advisors LLC lifted its position in shares of ASML by 5.1% in the first quarter. Bristlecone Advisors LLC now owns 411 shares of the semiconductor company's stock worth $272,000 after buying an additional 20 shares during the last quarter. LaSalle St. Investment Advisors LLC bought a new position in shares of ASML in the 1st quarter valued at approximately $236,000. Wambolt & Associates LLC lifted its holdings in ASML by 10.0% in the 1st quarter. Wambolt & Associates LLC now owns 561 shares of the semiconductor company's stock worth $374,000 after purchasing an additional 51 shares during the last quarter. AlphaCore Capital LLC boosted its position in ASML by 273.9% during the first quarter. AlphaCore Capital LLC now owns 1,391 shares of the semiconductor company's stock worth $922,000 after purchasing an additional 1,019 shares during the period. Finally, Fayez Sarofim & Co boosted its position in ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock worth $470,910,000 after purchasing an additional 18,516 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Trading Up 3.2%
Shares of ASML stock opened at $713.12 on Friday. The company has a market capitalization of $280.56 billion, a P/E ratio of 29.76, a P/E/G ratio of 1.40 and a beta of 1.76. The firm has a 50-day moving average price of $758.52 and a 200 day moving average price of $725.09. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $945.05.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The business had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the previous year, the firm posted $4.01 EPS. The company's revenue for the quarter was up 23.2% compared to the same quarter last year. Research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders 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 dividend on an annualized basis and a yield of 1.0%. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is presently 26.21%.
Analysts Set New Price Targets
ASML has been the topic of a number of recent analyst reports. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, DZ Bank lowered ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, ASML presently has an average rating of "Moderate Buy" and an average price target of $923.80.
Check Out Our Latest Stock Report on ASML
ASML Company Profile
(
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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