Vontobel Holding Ltd. grew its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 405.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,314 shares of the semiconductor company’s stock after purchasing an additional 36,343 shares during the quarter. Vontobel Holding Ltd.’s holdings in ASML were worth $36,314,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the business. Putney Financial Group LLC grew its stake in ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after buying an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in ASML in the 1st quarter valued at about $27,000. Maseco LLP bought a new position in ASML in the 2nd quarter valued at about $32,000. Knuff & Co LLC bought a new position in ASML in the 1st quarter valued at about $33,000. Finally, Wayfinding Financial LLC bought a new position in ASML in the 1st quarter valued at about $35,000. 26.07% of the stock is owned by institutional investors.
ASML Stock Performance
Shares of ASML stock opened at $987.81 on Thursday. The firm has a market capitalization of $388.62 billion, a PE ratio of 41.23, a price-to-earnings-growth ratio of 1.69 and a beta of 1.87. The firm has a fifty day simple moving average of $823.41 and a two-hundred day simple moving average of $758.90. 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 12 month low of $578.51 and a 12 month high of $1,059.00.
ASML Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 0.8%. ASML’s dividend payout ratio (DPR) is currently 26.21%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on ASML shares. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a research note on Monday. New Street Research restated a “neutral” rating on shares of ASML in a research note on Monday. Weiss Ratings restated a “hold (c+)” rating on shares of ASML in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $938.80.
Read Our Latest Research Report on ASML
About ASML
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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