XY Capital Ltd Purchases Shares of 500 ASML Holding N.V. $ASML

XY Capital Ltd purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 500 shares of the semiconductor company’s stock, valued at approximately $995,000. ASML comprises approximately 1.0% of XY Capital Ltd’s investment portfolio, making the stock its 18th largest holding.

A number of other large investors also recently modified their holdings of ASML. Boston Common Asset Management LLC bought a new position in shares of ASML during the 1st quarter valued at $4,355,000. Cambridge Investment Research Advisors Inc. lifted its stake in ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the last quarter. Keudell Morrison Wealth Management purchased a new stake in ASML during the fourth quarter valued at about $1,402,000. Puzo Michael J purchased a new stake in ASML during the second quarter valued at about $1,795,000. Finally, Manning & Napier Advisors LLC grew its stake in shares of ASML by 364,346.2% during the fourth quarter. Manning & Napier Advisors LLC now owns 94,756 shares of the semiconductor company’s stock valued at $101,592,000 after buying an additional 94,730 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on ASML. Citigroup reiterated a “buy” rating on shares of ASML in a report on Friday, July 17th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Bank of America lifted their price target on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Stock Performance

Shares of ASML stock opened at $1,714.88 on Friday. The firm has a market capitalization of $674.43 billion, a price-to-earnings ratio of 53.36, a PEG ratio of 0.85 and a beta of 1.79. The stock has a fifty day moving average of $1,751.00 and a 200 day moving average of $1,600.83. ASML Holding N.V. has a 52 week low of $766.24 and a 52 week high of $1,999.96. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.62 billion for the quarter. As a group, research analysts expect that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were paid a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML’s payout ratio is presently 22.62%.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.