Stratos Wealth Partners LTD. lessened its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 1.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 5,523 shares of the semiconductor company’s stock after selling 62 shares during the period. Stratos Wealth Partners LTD.’s holdings in ASML were worth $4,427,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of ASML. Putney Financial Group LLC increased its stake in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of ASML in the first quarter valued at about $27,000. Maseco LLP purchased a new position in shares of ASML in the second quarter worth about $32,000. Knuff & Co LLC acquired a new stake in shares of ASML during the first quarter worth about $33,000. Finally, Costello Asset Management INC boosted its position in ASML by 147.1% in the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Stock Up 0.9%
ASML stock opened at $1,029.27 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.81. The stock has a market capitalization of $404.79 billion, a PE ratio of 41.89, a price-to-earnings-growth ratio of 1.72 and a beta of 1.87. The business has a 50 day simple moving average of $864.28 and a 200-day simple moving average of $774.02. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00.
ASML Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be given a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s payout ratio is currently 25.56%.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Arete Research raised shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research note on Wednesday. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of ASML in a report on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Thursday. Finally, Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.
Read Our Latest Report on ASML
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.
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