Atria Investments Inc Has $9.76 Million Stock Position in ASML Holding N.V. $ASML

Atria Investments Inc lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 7.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,175 shares of the semiconductor company’s stock after selling 1,017 shares during the quarter. Atria Investments Inc’s holdings in ASML were worth $9,757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Daymark Wealth Partners LLC increased its position in ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after buying an additional 941 shares during the last quarter. Acadian Asset Management LLC increased its position in ASML by 97.6% during the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock worth $101,978,000 after buying an additional 76,023 shares during the last quarter. Strategic Planning Group LLC increased its position in ASML by 12.5% during the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock worth $5,251,000 after buying an additional 730 shares during the last quarter. Empowered Funds LLC increased its position in ASML by 5.0% during the first quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock worth $7,241,000 after buying an additional 519 shares during the last quarter. Finally, Gunderson Capital Management Inc. acquired a new position in ASML during the second quarter worth approximately $1,702,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 0.4%

Shares of ASML stock opened at $1,075.45 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market cap of $422.95 billion, a P/E ratio of 43.77, a price-to-earnings-growth ratio of 1.76 and a beta of 1.87. The stock has a 50 day simple moving average of $918.58 and a 200 day simple moving average of $799.57. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11.

ASML (NASDAQ:ASML) last issued its quarterly 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. The business had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the company posted $5.28 earnings per share. On average, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

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 paid a $1.857 dividend. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. ASML’s dividend payout ratio is presently 25.68%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Barclays reissued an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Finally, Arete Research upgraded ASML to a “strong-buy” rating in a report on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,051.60.

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.