Mesirow Financial Investment Management Inc. lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 37.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 794 shares of the semiconductor company’s stock after buying an additional 216 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in ASML were worth $637,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in ASML. Princeton Global Asset Management LLC raised its position in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the period. Washington Trust Advisors Inc. raised its position in shares of ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares during the last quarter. Maseco LLP acquired a new position in shares of ASML during the 2nd quarter worth about $32,000. Banque Cantonale Vaudoise acquired a new position in shares of ASML during the 1st quarter worth about $27,000. Finally, Costello Asset Management INC raised its position in shares of 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 purchasing an additional 25 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Stock Down 1.5%
Shares of ASML opened at $1,059.23 on Friday. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,086.11. The company has a market capitalization of $416.58 billion, a PE ratio of 43.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.87. The stock has a fifty day simple moving average of $924.66 and a two-hundred day simple moving average of $803.08. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.
ASML Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be issued a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is 25.76%.
Analyst Ratings Changes
A number of brokerages have commented on ASML. Barclays reissued an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Evercore ISI reiterated an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.
Read Our Latest Research Report on ASML
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.
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