Hollow Brook Wealth Management LLC boosted its position in ASML Holding (NASDAQ:ASML – Free Report) by 6.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,797 shares of the semiconductor company’s stock after purchasing an additional 179 shares during the period. Hollow Brook Wealth Management LLC’s holdings in ASML were worth $2,331,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Ascent Group LLC lifted its stake in ASML by 1.6% during the third quarter. Ascent Group LLC now owns 4,550 shares of the semiconductor company’s stock valued at $3,791,000 after buying an additional 73 shares in the last quarter. Beck Capital Management LLC boosted its position in ASML by 11.1% during the 3rd quarter. Beck Capital Management LLC now owns 3,530 shares of the semiconductor company’s stock worth $2,941,000 after acquiring an additional 353 shares during the period. Benjamin Edwards Inc. increased its holdings in shares of ASML by 603.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,250 shares of the semiconductor company’s stock valued at $2,709,000 after purchasing an additional 2,788 shares during the period. Atom Investors LP lifted its position in shares of ASML by 36.7% in the third quarter. Atom Investors LP now owns 4,257 shares of the semiconductor company’s stock worth $3,547,000 after purchasing an additional 1,144 shares in the last quarter. Finally, Aureus Asset Management LLC increased its stake in ASML by 5.6% in the 3rd quarter. Aureus Asset Management LLC now owns 323 shares of the semiconductor company’s stock valued at $269,000 after buying an additional 17 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Performance
Shares of NASDAQ:ASML opened at $684.20 on Monday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The business has a fifty day moving average of $732.20 and a 200-day moving average of $864.88. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The firm has a market cap of $269.18 billion, a PE ratio of 35.95, a price-to-earnings-growth ratio of 1.99 and a beta of 1.51.
ASML Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.
Wall Street Analysts Forecast Growth
ASML has been the subject of several recent research reports. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Finally, Wells Fargo & Company dropped their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $961.00.
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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