Avantax Advisory Services Inc. Has $10.15 Million Holdings in ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Avantax Advisory Services Inc. increased its stake in ASML Holding N.V. by 3.8%, owning 15,319 shares worth approximately $10.15 million after acquiring additional shares in the first quarter.
• ASML recently announced a quarterly dividend increase to $1.856 per share, representing an annualized rate of $7.42 and a yield of 1.04%.
• Analysts have mixed ratings on ASML, with seven rated as "hold," six as "buy," and one as "strong buy," while the average target price for the stock is $923.80.

Avantax Advisory Services Inc. boosted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,319 shares of the semiconductor company's stock after buying an additional 554 shares during the period. Avantax Advisory Services Inc.'s holdings in ASML were worth $10,151,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ASML. Three Bridge Wealth Advisors LLC boosted its position in shares of ASML by 19.3% during the 1st quarter. Three Bridge Wealth Advisors LLC now owns 1,197 shares of the semiconductor company's stock valued at $793,000 after purchasing an additional 194 shares in the last quarter. Principle Wealth Partners LLC lifted its stake in ASML by 31.9% in the first quarter. Principle Wealth Partners LLC now owns 3,621 shares of the semiconductor company's stock valued at $2,399,000 after buying an additional 875 shares during the period. One Wealth Advisors LLC bought a new position in shares of ASML during the 1st quarter worth approximately $653,000. Journey Strategic Wealth LLC grew its position in shares of ASML by 4.4% during the 1st quarter. Journey Strategic Wealth LLC now owns 660 shares of the semiconductor company's stock worth $437,000 after buying an additional 28 shares during the period. Finally, Advisor OS LLC increased its stake in shares of ASML by 3.4% in the 1st quarter. Advisor OS LLC now owns 968 shares of the semiconductor company's stock valued at $641,000 after acquiring an additional 32 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ASML. Erste Group Bank reissued a "hold" rating on shares of ASML in a research note on Wednesday. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Finally, Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $923.80.

ASML Trading Down 1.9%

ASML opened at $711.25 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $945.05. The firm has a market capitalization of $279.82 billion, a PE ratio of 29.68, a P/E/G ratio of 1.44 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company's 50-day moving average is $765.39 and its 200 day moving average is $727.27.

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be issued a dividend of $1.856 per share. This represents a $7.42 dividend on an annualized basis and a yield of 1.04%. 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 currently 29.67%.

ASML 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.

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