Essex Investment Management Co. LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,199 shares of the semiconductor company's stock, valued at approximately $2,782,000.
Several other large investors also recently made changes to their positions in ASML. Putney Financial Group LLC increased its stake in shares of ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares during the period. Wayfinding Financial LLC acquired a new stake in shares of ASML in the first quarter valued at approximately $35,000. Pinnacle Bancorp Inc. acquired a new position in shares of ASML during the first quarter valued at approximately $42,000. Olde Wealth Management LLC acquired a new position in shares of ASML during the first quarter valued at approximately $42,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of ASML during the first quarter valued at approximately $43,000. Institutional investors and hedge funds own 26.07% of the company's stock.
ASML Trading Down 0.9%
ASML stock traded down $6.16 during midday trading on Friday, reaching $688.55. The stock had a trading volume of 1,269,818 shares, compared to its average volume of 1,769,340. The firm's fifty day simple moving average is $763.17 and its two-hundred day simple moving average is $726.77. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $945.05. 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 firm has a market cap of $270.89 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 1.46 and a beta of 1.73.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%. The firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same period in the prior year, the business posted $4.01 EPS. The company's revenue for the quarter was up 23.2% on a year-over-year basis. Equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be paid a $1.856 dividend. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 1.1%. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is 26.17%.
Wall Street Analyst Weigh In
A number of research firms recently commented on ASML. Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Susquehanna lowered their price objective 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. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Sanford C. Bernstein began coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.
Check Out Our Latest Research Report on ASML
About ASML
(
Free Report)
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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