ASML Holding N.V. (NASDAQ:ASML) Shares Acquired by US Bancorp DE

Key Points

• US Bancorp DE increased its stake in ASML Holding N.V. by 8.0%, holding a total of 49,156 shares valued at approximately $32.57 million.
• ASML reported an EPS of $4.55 for the last quarter, missing estimates but achieving a revenue of $8.94 billion, which surpassed expectations and showed a year-over-year increase of 23.2%.
• The company announced an increase in its quarterly dividend to $1.856, marking a boost from the previous amount and reflecting a 1.1% yield with a payout ratio of 26.21%.

US Bancorp DE grew its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 8.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,156 shares of the semiconductor company's stock after purchasing an additional 3,635 shares during the period. US Bancorp DE's holdings in ASML were worth $32,573,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthcare Advisory Partners LLC raised its holdings in ASML by 12.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after acquiring an additional 44 shares during the last quarter. Rhumbline Advisers grew its position in shares of ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock valued at $5,571,000 after purchasing an additional 947 shares during the period. Sequoia Financial Advisors LLC increased its stake in ASML by 1.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock valued at $2,304,000 after purchasing an additional 55 shares during the last quarter. Lyell Wealth Management LP lifted its position in ASML by 2.4% during the first quarter. Lyell Wealth Management LP now owns 19,483 shares of the semiconductor company's stock worth $12,910,000 after buying an additional 459 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in ASML by 2.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after buying an additional 763 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent analyst reports. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Susquehanna cut their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Trading Down 0.7%

ASML traded down $4.89 during trading on Friday, hitting $689.82. 1,621,502 shares of the company's stock were exchanged, compared to its average volume of 2,586,363. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The stock has a 50 day moving average price of $762.32 and a 200 day moving average price of $726.28. The firm has a market cap of $271.39 billion, a P/E ratio of 28.79, a price-to-earnings-growth ratio of 1.40 and a beta of 1.76. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share 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 for the quarter, compared to analyst estimates of $8.72 billion. During the same quarter in the previous year, the firm posted $4.01 EPS. The business's revenue was up 23.2% compared to the same quarter last year. As a group, analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th will be paid a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from ASML's previous quarterly dividend of $1.64. The ex-dividend date is Tuesday, July 29th. ASML's payout ratio is 26.21%.

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.