Strategic Blueprint LLC raised its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 23.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 819 shares of the semiconductor company’s stock after purchasing an additional 155 shares during the quarter. Strategic Blueprint LLC’s holdings in ASML were worth $657,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of ASML. Princeton Global Asset Management LLC increased its stake in shares of ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares during the period. Banque Cantonale Vaudoise acquired a new position in ASML during the 1st quarter valued at about $27,000. Maseco LLP bought a new position in shares of ASML in the 2nd quarter valued at about $32,000. Knuff & Co LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $33,000. Finally, Costello Asset Management INC lifted its holdings 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 period. Institutional investors own 26.07% of the company’s stock.
ASML Trading Down 0.3%
NASDAQ:ASML opened at $1,033.10 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock has a market capitalization of $406.30 billion, a PE ratio of 42.05, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87. The business’s 50-day simple moving average is $892.92 and its 200-day simple moving average is $788.69.
ASML Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be given a dividend of $1.857 per share. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s payout ratio is currently 25.56%.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. Citigroup reissued a “buy” rating on shares of ASML in a research note on Tuesday, October 7th. Barclays reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 10th. Finally, New Street Research reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.
Check Out Our Latest Stock Report on ASML
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.
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