Bailard Inc. Boosts Stock Position in ASML Holding N.V. $ASML

Bailard Inc. lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 12.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,489 shares of the semiconductor company’s stock after buying an additional 807 shares during the quarter. Bailard Inc.’s holdings in ASML were worth $6,002,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. UMB Bank n.a. grew its position in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares during the period. Rossmore Private Capital lifted its stake in ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock valued at $2,880,000 after buying an additional 14 shares in the last quarter. Baring Financial LLC boosted its holdings in ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after buying an additional 14 shares during the last quarter. Sage Mountain Advisors LLC boosted its holdings in ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock worth $399,000 after buying an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC increased its stake in ASML by 15.2% during the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock worth $76,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.6%

NASDAQ ASML opened at $1,022.42 on Wednesday. The business’s fifty day simple moving average is $964.38 and its 200-day simple moving average is $823.24. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market cap of $402.10 billion, a PE ratio of 41.61, a P/E/G ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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 firm had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same period last year, the business earned $5.28 earnings per share. ASML’s revenue was up .7% compared to the same quarter last year. As a group, equities analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Evercore ISI restated an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Finally, Morningstar lowered shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Four analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,076.33.

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.