417 Shares in ASML Holding N.V. (NASDAQ:ASML) Bought by J. W. Coons Advisors LLC

J. W. Coons Advisors LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 417 shares of the semiconductor company's stock, valued at approximately $276,000.

Other institutional investors have also added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its position in shares of ASML by 12.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after buying an additional 44 shares during the period. Rhumbline Advisers increased its position in shares of ASML by 12.7% during the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock valued at $5,571,000 after buying an additional 947 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of ASML by 1.6% during the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock valued at $2,304,000 after buying an additional 55 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of ASML by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after purchasing an additional 763 shares during the last quarter. Finally, Novo Holdings A S increased its position in shares of ASML by 24.4% in the fourth quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock worth $114,938,000 after purchasing an additional 32,500 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Susquehanna decreased their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Finally, Sanford C. Bernstein initiated coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Trading Up 1.1%

Shares of NASDAQ:ASML traded up $8.15 during trading on Thursday, reaching $725.08. 2,029,802 shares of the company traded hands, compared to its average volume of 2,212,625. The firm has a market capitalization of $285.26 billion, a price-to-earnings ratio of 30.26, a P/E/G ratio of 1.45 and a beta of 1.73. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $945.05. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The business's fifty day moving average is $766.13 and its 200-day moving average is $727.71.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The company had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The business's revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period last year, the company posted $4.01 EPS. As a group, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th will be paid a dividend of $1.856 per share. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 29.67%.

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.