Midwest Trust Co Acquires Shares of 23,826 ASML Holding N.V. $ASML

Midwest Trust Co bought a new position in ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 23,826 shares of the semiconductor company’s stock, valued at approximately $19,094,000.

A number of other large investors have also recently made changes to their positions in ASML. Princeton Global Asset Management LLC lifted its holdings in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in ASML in the 1st quarter worth about $27,000. Washington Trust Advisors Inc. increased its position in shares of ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 22 shares during the period. Maseco LLP purchased a new position in shares of ASML during the second quarter worth approximately $32,000. Finally, Knuff & Co LLC bought a new stake in shares of ASML during the first quarter valued at approximately $33,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 1.2%

ASML opened at $1,016.96 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The firm has a market cap of $399.95 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,086.11. The stock has a fifty day moving average price of $952.53 and a 200-day moving average price of $817.13.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.28 earnings per share. As a group, equities research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.76%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ASML. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Sanford C. Bernstein restated a “market perform” rating on shares of ASML in a research note on Wednesday, October 29th. Bank Degroof downgraded ASML to a “hold” rating in a report on Friday, October 10th. Finally, Redburn Partners set a $1,200.00 target price on shares of ASML in a report on Friday. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,076.33.

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.