ASML Holding N.V. $ASML Shares Acquired by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 11.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 922 shares of the semiconductor company’s stock after purchasing an additional 93 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in ASML were worth $739,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ASML. Allspring Global Investments Holdings LLC boosted its position in ASML by 131.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 16,442 shares of the semiconductor company’s stock valued at $10,972,000 after purchasing an additional 9,340 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in ASML by 19.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,135 shares of the semiconductor company’s stock worth $10,029,000 after acquiring an additional 2,454 shares during the period. Mather Group LLC. boosted its position in ASML by 4.1% during the 1st quarter. Mather Group LLC. now owns 429 shares of the semiconductor company’s stock worth $285,000 after acquiring an additional 17 shares during the period. DAVENPORT & Co LLC boosted its position in ASML by 124.7% during the 1st quarter. DAVENPORT & Co LLC now owns 5,203 shares of the semiconductor company’s stock worth $3,448,000 after acquiring an additional 2,887 shares during the period. Finally, Rossby Financial LCC acquired a new position in ASML during the 1st quarter worth $136,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, October 13th. 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. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Trading Down 1.5%

Shares of ASML stock opened at $1,059.23 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market cap of $416.58 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.87. The business has a fifty day simple moving average of $924.66 and a 200-day simple moving average of $802.25. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,086.11.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share 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 analyst estimates of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.28 earnings per share. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be issued a dividend of $1.857 per share. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.76%.

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.