Kraft Davis & Associates LLC bought a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 322 shares of the semiconductor company's stock, valued at approximately $235,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Putney Financial Group LLC lifted its holdings in ASML by 322.2% in the 1st 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 in the last quarter. Maseco LLP purchased a new position in shares of ASML during the second quarter valued at approximately $32,000. Banque Cantonale Vaudoise purchased a new position in shares of ASML during the first quarter valued at approximately $27,000. Costello Asset Management INC lifted its stake in shares of ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock valued at $34,000 after buying an additional 25 shares during the period. Finally, PARK CIRCLE Co lifted its stake in shares of ASML by 80.0% during the 2nd quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 20 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Trading Up 1.0%
Shares of ASML opened at $1,019.59 on Friday. The stock's fifty day simple moving average is $858.14 and its 200 day simple moving average is $770.80. The firm has a market capitalization of $400.98 billion, a P/E ratio of 41.50, a price-to-earnings-growth ratio of 1.71 and a beta of 1.87. 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 Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts' consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 49.41% and a net margin of 27.08%.The company's quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the business posted $5.28 EPS. On average, equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a dividend of $1.857 per share. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML's previous quarterly dividend of $1.86. ASML's dividend payout ratio (DPR) is presently 25.56%.
Analyst Ratings Changes
A number of brokerages have weighed in on ASML. Citigroup reissued a "buy" rating on shares of ASML in a research note on Tuesday, October 7th. Berenberg Bank reiterated a "buy" rating on shares of ASML in a research report on Thursday. Morningstar downgraded ASML to a "hold" rating in a research report on Thursday, September 18th. Wells Fargo & Company increased their price objective on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, JPMorgan Chase & Co. reiterated a "buy" rating on shares of ASML in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, ASML presently has an average rating of "Moderate Buy" and a consensus price target of $1,051.60.
Get Our Latest Analysis 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.
Further Reading
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