Great Lakes Retirement Inc. Purchases 168 Shares of ASML Holding N.V. $ASML

Great Lakes Retirement Inc. boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 8.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,055 shares of the semiconductor company’s stock after buying an additional 168 shares during the period. Great Lakes Retirement Inc.’s holdings in ASML were worth $1,647,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Daymark Wealth Partners LLC raised 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 valued at $3,738,000 after purchasing an additional 941 shares during the period. Acadian Asset Management LLC raised 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 valued at $101,978,000 after purchasing an additional 76,023 shares during the period. Strategic Planning Group LLC raised 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 valued at $5,251,000 after purchasing an additional 730 shares during the period. Empowered Funds LLC raised 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 valued at $7,241,000 after purchasing an additional 519 shares during the period. Finally, Gunderson Capital Management Inc. purchased a new stake in ASML during the second quarter valued at approximately $1,702,000. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent research reports. Sanford C. Bernstein restated a “market perform” rating on shares of ASML in a research report on Wednesday. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, October 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Finally, Hsbc Global Res upgraded ASML to a “strong-buy” rating in a report 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 company’s stock. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Trading Down 1.5%

Shares of NASDAQ ASML opened at $1,059.23 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,086.11. The company has a market cap of $416.58 billion, a price-to-earnings ratio of 43.11, a PEG ratio of 1.76 and a beta of 1.87. The business’s 50 day moving average price is $924.66 and its 200-day moving average price is $802.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping 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 company had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the firm earned $5.28 earnings per share. ASML’s revenue was up .7% compared to the same quarter last year. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed 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 yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s payout ratio 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.