Wealthstream Advisors Inc. raised its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 7.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 477 shares of the semiconductor company’s stock after buying an additional 35 shares during the period. Wealthstream Advisors Inc.’s holdings in ASML were worth $382,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Putney Financial Group LLC increased its position in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of ASML during the first quarter worth about $27,000. Maseco LLP purchased a new stake in ASML in the 2nd quarter valued at approximately $32,000. Knuff & Co LLC acquired a new position in ASML during the 1st quarter worth approximately $33,000. Finally, Costello Asset Management INC increased its position in 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 period. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Trading Up 0.9%
Shares of ASML opened at $1,029.27 on Friday. The stock has a fifty day moving average of $864.28 and a two-hundred day moving average of $774.02. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.81 and a current ratio of 1.31. The company 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. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be issued a $1.857 dividend. 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 yield of 0.7%. ASML’s payout ratio is presently 25.56%.
Wall Street Analysts Forecast Growth
ASML has been the topic of several recent analyst reports. Morgan Stanley upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Barclays reissued an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Wednesday. Finally, Susquehanna lifted their price objective on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research report on Friday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.
Get Our Latest Stock 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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