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Smith Thornton Advisors LLC Takes $216,000 Position in ASML Holding N.V. $ASML

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Key Points

  • Smith Thornton Advisors LLC has initiated a position in ASML Holding N.V. with a purchase of 270 shares valued at approximately $216,000.
  • ASML reported a quarterly EPS of $6.41, surpassing estimates, and showed a revenue of $8.71 billion for the quarter, reflecting a 0.7% increase year-over-year.
  • The company has announced a slight increase in its quarterly dividend to $1.857 per share, with an annual yield of 0.7%.
  • MarketBeat previews top five stocks to own in November.

Smith Thornton Advisors LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 270 shares of the semiconductor company's stock, valued at approximately $216,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Princeton Global Asset Management LLC lifted its holdings in ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 20 shares during the last quarter. Maseco LLP acquired a new stake in ASML during the 2nd quarter worth about $32,000. Banque Cantonale Vaudoise acquired a new stake in ASML during the 1st quarter worth about $27,000. Costello Asset Management INC raised its holdings in ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock worth $34,000 after buying an additional 25 shares during the period. Finally, PARK CIRCLE Co raised its holdings in 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 buying an additional 20 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML opened at $1,042.15 on Tuesday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The firm's 50 day moving average price is $870.70 and its 200 day moving average price is $778.13. The firm has a market cap of $409.86 billion, a PE ratio of 42.42, a PEG ratio of 1.70 and a beta of 1.87.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter last year, the company posted $5.28 earnings per share. The company's revenue for the quarter was up .7% compared to the same quarter last year. As a group, research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a $1.857 dividend. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML's previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML's dividend payout ratio is 25.56%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group restated a "buy" rating on shares of ASML in a report on Wednesday, October 15th. Barclays reiterated an "overweight" rating on shares of ASML in a report on Tuesday, September 30th. The Goldman Sachs Group reiterated a "buy" rating on shares of ASML in a report on Friday, October 10th. Morgan Stanley upgraded ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. Finally, Bank Degroof downgraded ASML to a "hold" rating in a report on Friday, October 10th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,051.60.

Check Out Our Latest Research Report on ASML

ASML Company Profile

(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.

See Also

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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