Signature Estate & Investment Advisors LLC Purchases 41 Shares of ASML Holding N.V. $ASML

Signature Estate & Investment Advisors LLC grew its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 945 shares of the semiconductor company’s stock after acquiring an additional 41 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in ASML were worth $757,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ASML. T. Rowe Price Investment Management Inc. bought a new position in shares of ASML during the 1st quarter valued at approximately $360,262,000. Invesco Ltd. increased its stake in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after acquiring an additional 367,505 shares during the last quarter. Amundi increased its stake in ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after acquiring an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. increased its stake in ASML by 61.0% during the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after acquiring an additional 268,172 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after acquiring an additional 199,740 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 0.9%

Shares of NASDAQ:ASML opened at $1,029.27 on Monday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The business has a 50 day simple moving average of $864.28 and a two-hundred day simple moving average of $775.08. The firm has a market capitalization of $404.79 billion, a PE ratio of 41.89, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business had revenue of $8.71 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the business earned $5.28 earnings per share. The company’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a $1.857 dividend. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.56%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ASML. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Hsbc Global Res raised ASML to a “strong-buy” rating in a research note on Monday, October 6th. Citigroup reissued a “buy” rating on shares of ASML in a research note on Tuesday, October 7th. Finally, Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

About ASML

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.