ASML Holding N.V. $ASML Stock Holdings Increased by Twin Peaks Capital Ltd

Key Points

• Twin Peaks Capital doubled its ASML position in the third quarter, adding 3,000 shares to hold 6,000 worth about $10.87 million; ASML represents 6.2% of its portfolio.
• ASML shares rose 5% on Friday to $1,424.75. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $2,204.71.
• ASML reduced its quarterly dividend to $2.1077 per share from $2.1507, equivalent to an annualized dividend of $8.43 and a 0.6% yield.

Twin Peaks Capital Ltd lifted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 100.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,000 shares of the semiconductor company's stock after purchasing an additional 3,000 shares during the period. ASML comprises 6.2% of Twin Peaks Capital Ltd's portfolio, making the stock its 3rd largest holding. Twin Peaks Capital Ltd's holdings in ASML were worth $10,870,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ASML. Plancorp LLC bought a new stake in shares of ASML during the third quarter worth $578,000. Ashton Thomas Private Wealth LLC lifted its holdings in ASML by 8.9% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 3,579 shares of the semiconductor company's stock valued at $6,483,000 after buying an additional 292 shares in the last quarter. CenterBook Partners LP grew its stake in ASML by 79.6% in the 3rd quarter. CenterBook Partners LP now owns 7,597 shares of the semiconductor company's stock worth $13,763,000 after acquiring an additional 3,366 shares in the last quarter. Asset One Wealth Management LLC increased its position in shares of ASML by 3.1% during the third quarter. Asset One Wealth Management LLC now owns 5,277 shares of the semiconductor company's stock worth $9,560,000 after acquiring an additional 159 shares during the period. Finally, International Assets Investment Management LLC increased its position in shares of ASML by 2.2% during the third quarter. International Assets Investment Management LLC now owns 1,324 shares of the semiconductor company's stock worth $2,394,000 after acquiring an additional 28 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 5.0%

Shares of NASDAQ:ASML traded up $68.10 on Friday, reaching $1,424.75. The company had a trading volume of 1,902,471 shares, compared to its average volume of 1,583,467. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96. The firm's 50 day simple moving average is $1,677.25 and its 200-day simple moving average is $1,599.85. The firm has a market capitalization of $549.13 billion, a PE ratio of 35.08, a PEG ratio of 0.63 and a beta of 1.80. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The company had revenue of $13.27 billion for the quarter. As a group, analysts expect that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were issued a $2.1077 dividend. This is a decrease from ASML's previous quarterly dividend of $2.1507. This represents a $8.43 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 27th. ASML's dividend payout ratio is presently 17.55%.

Wall Street Analysts Forecast Growth

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 report on Saturday, October 17th. Argus set a $2,100.00 target price on ASML in a research report on Thursday, July 16th. Royal Bank Of Canada reissued an "outperform" rating and set a $2,100.00 price target on shares of ASML in a research report on Wednesday, October 7th. Cantor Fitzgerald restated an "overweight" rating on shares of ASML in a report on Monday, September 14th. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $2,204.71.

ASML Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company's products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.

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