268 Shares in ASML Holding N.V. $ASML Purchased by Novare Capital Management LLC

Novare Capital Management LLC purchased a new position in ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 268 shares of the semiconductor company’s stock, valued at approximately $215,000.

A number of other institutional investors also recently bought and sold shares of ASML. Putney Financial Group LLC raised its stake in ASML by 322.2% in 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 shares of ASML during the first quarter valued at approximately $27,000. Maseco LLP bought a new position in shares of ASML during the second quarter valued at approximately $32,000. Knuff & Co LLC bought a new position in shares of ASML during the first quarter valued at approximately $33,000. Finally, Costello Asset Management INC increased 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 purchasing an additional 25 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 0.9%

Shares of ASML stock opened at $1,029.27 on Friday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00. The company has a current ratio of 1.31, a quick ratio of 0.81 and a debt-to-equity ratio of 0.14. The firm’s 50 day moving average is $864.28 and its 200 day moving average is $774.02. The stock has a market capitalization of $404.79 billion, a P/E ratio of 41.89, a P/E/G ratio of 1.72 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter last year, the company posted $5.28 earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. Research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business 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 $1.857 dividend. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, October 29th. ASML’s dividend payout ratio is 25.56%.

Analyst Ratings Changes

ASML has been the subject of a number of analyst reports. Wells Fargo & Company raised their target price on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research note on Thursday. New Street Research reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, October 6th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, October 7th. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

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.