ASML Holding (NASDAQ:ASML) Holdings Raised by Beck Capital Management LLC

Beck Capital Management LLC grew its stake in shares of ASML Holding (NASDAQ:ASML) by 11.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,530 shares of the semiconductor company’s stock after acquiring an additional 353 shares during the period. Beck Capital Management LLC’s holdings in ASML were worth $2,941,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ASML. Benjamin Edwards Inc. increased its position in ASML by 603.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,250 shares of the semiconductor company’s stock worth $2,709,000 after purchasing an additional 2,788 shares during the last quarter. Atom Investors LP grew its stake in shares of ASML by 36.7% in the 3rd quarter. Atom Investors LP now owns 4,257 shares of the semiconductor company’s stock valued at $3,547,000 after buying an additional 1,144 shares in the last quarter. Aureus Asset Management LLC increased its holdings in ASML by 5.6% in the third quarter. Aureus Asset Management LLC now owns 323 shares of the semiconductor company’s stock worth $269,000 after buying an additional 17 shares during the last quarter. Bamco Inc. NY raised its position in ASML by 1.7% during the third quarter. Bamco Inc. NY now owns 53,929 shares of the semiconductor company’s stock valued at $44,936,000 after acquiring an additional 894 shares in the last quarter. Finally, Circle Wealth Management LLC lifted its stake in ASML by 39.5% in the third quarter. Circle Wealth Management LLC now owns 1,042 shares of the semiconductor company’s stock valued at $868,000 after acquiring an additional 295 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Wells Fargo & Company decreased their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $961.00.

ASML Trading Up 2.4 %

Shares of ASML stock opened at $686.61 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The firm has a fifty day moving average of $732.20 and a 200-day moving average of $864.88. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market cap of $270.13 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 1.99 and a beta of 1.51.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. On average, equities research analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.

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.