Caitong International Asset Management Co. Ltd lifted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 611.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,546 shares of the semiconductor company's stock after acquiring an additional 9,063 shares during the quarter. ASML accounts for 2.9% of Caitong International Asset Management Co. Ltd's portfolio, making the stock its 6th largest position. Caitong International Asset Management Co. Ltd's holdings in ASML were worth $20,981,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in ASML. Cornerstone Financial Management LLC bought a new stake in ASML in the fourth quarter worth about $26,000. Portus Wealth Advisors LLC bought a new position in shares of ASML during 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 valued at $27,000 after buying an additional 23 shares during the last quarter. North Star Investment Management Corp. raised its holdings in shares of ASML by 68.8% in 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 period. Finally, Jessup Wealth Management Inc purchased a new stake in shares of ASML in the fourth quarter worth approximately $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Susquehanna restated a "positive" rating on shares of ASML in a report on Tuesday, June 30th. Jefferies Financial Group reiterated a "neutral" rating on shares of ASML in a research note on Monday, June 1st. Morningstar downgraded ASML to a "sell" rating in a research report on Wednesday, May 27th. Royal Bank Of Canada boosted their target price on shares of ASML from $1,700.00 to $2,000.00 and gave the company an "outperform" rating in a research note on Tuesday, July 14th. Finally, UBS Group reissued a "buy" rating on shares of ASML in a research note on Wednesday, July 1st. Four equities 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 given a Sell rating to the company's stock. Based on data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,970.33.
View Our Latest Stock Report on ASML
ASML Price Performance
Shares of ASML stock opened at $1,844.45 on Monday. The stock's 50-day moving average is $1,781.65 and its 200 day moving average is $1,568.23. ASML Holding N.V. has a 1-year low of $716.20 and a 1-year high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The company has a market cap of $725.39 billion, a P/E ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79.
ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. The business had revenue of $10.64 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. Research analysts predict that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.
ASML Cuts Dividend
The company also recently disclosed 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 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML's payout ratio is 22.62%.
About ASML
(
Free Report)
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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