7,070 Shares in ASML Holding N.V. $ASML Acquired by Greenwoods Asset Management Hong Kong Ltd.

Key Points

• Greenwoods Asset Management Hong Kong Ltd. acquired 7,070 ASML shares worth approximately $14.1 million in the second quarter, making ASML its 13th-largest holding and about 0.6% of its portfolio.
• ASML reported quarterly revenue of $10.64 billion and earnings of $8.65 per share, with a 30.11% net margin. Institutional investors and hedge funds collectively own 26.07% of the stock.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $1,970.33, while ASML pays an annualized dividend of $8.60 per share for a 0.5% yield.

Greenwoods Asset Management Hong Kong Ltd. acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,070 shares of the semiconductor company's stock, valued at approximately $14,065,000. ASML accounts for approximately 0.6% of Greenwoods Asset Management Hong Kong Ltd.'s portfolio, making the stock its 13th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Boston Common Asset Management LLC bought a new stake in shares of ASML during the 1st quarter worth approximately $4,355,000. Cambridge Investment Research Advisors Inc. raised its position in ASML by 3.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company's stock valued at $24,036,000 after purchasing an additional 760 shares in the last quarter. Keudell Morrison Wealth Management bought a new stake in ASML during the fourth quarter worth $1,402,000. Keybank National Association OH increased its stake in shares of ASML by 21.3% in the 4th quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company's stock valued at $69,920,000 after purchasing an additional 11,459 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC raised its holdings in shares of ASML by 507.0% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 2,695 shares of the semiconductor company's stock worth $2,883,000 after buying an additional 2,251 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 4.3%

Shares of ASML opened at $1,802.98 on Wednesday. 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 52 week low of $716.20 and a 52 week high of $1,999.96. The stock has a market capitalization of $709.08 billion, a price-to-earnings ratio of 56.10, a PEG ratio of 0.92 and a beta of 1.79. The stock has a fifty day moving average of $1,784.83 and a 200-day moving average of $1,573.92.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The business had revenue of $10.64 billion for the quarter. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders 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 dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML's dividend payout ratio (DPR) is presently 22.62%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASML. Berenberg Bank restated a "buy" rating on shares of ASML in a research report on Friday, May 8th. Susquehanna reissued a "positive" rating on shares of ASML in a research note on Tuesday, June 30th. Morgan Stanley reissued an "overweight" rating on shares of ASML in a report on Tuesday, July 7th. Wells Fargo & Company raised their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Finally, Weiss Ratings upgraded shares of ASML from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,970.33.

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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