ASML (NASDAQ:ASML) Trading 0.2% Higher

Shares of ASML Holding (NASDAQ:ASML - Get Free Report) were up 0.2% on Tuesday . The company traded as high as $926.38 and last traded at $918.90. Approximately 165,141 shares changed hands during trading, a decline of 86% from the average daily volume of 1,206,238 shares. The stock had previously closed at $916.92.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an "overweight" rating in a report on Tuesday, April 2nd. Evercore ISI began coverage on ASML in a research note on Tuesday, April 16th. They issued an "outperform" rating on the stock. Kepler Capital Markets upgraded ASML from a "hold" rating to a "buy" rating in a research note on Monday, January 8th. Redburn Atlantic upgraded ASML from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 20th. Finally, Susquehanna raised their target price on ASML from $830.00 to $1,100.00 and gave the company a "positive" rating in a research note on Friday, January 26th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $1,036.00.

ASML Trading Down 0.9 %

The business's 50 day moving average is $949.84 and its two-hundred day moving average is $821.79. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $358.37 billion, a P/E ratio of 46.39, a PEG ratio of 2.25 and a beta of 1.49.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Friday, April 26th. ASML's payout ratio is currently 32.53%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Carmel Capital Partners LLC increased its stake in ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 30 shares in the last quarter. American Capital Advisory LLC purchased a new position in ASML in the 1st quarter worth about $26,000. Addison Advisors LLC increased its stake in ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 33 shares in the last quarter. WD Rutherford LLC purchased a new position in ASML in the 1st quarter worth about $29,000. Finally, Beaird Harris Wealth Management LLC purchased a new position in ASML in the 4th quarter worth about $34,000. 26.07% of the stock is owned by institutional investors and hedge funds.

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.