ASML Holding N.V. $ASML Shares Acquired by Westside Investment Management Inc.

Westside Investment Management Inc. grew its stake in ASML Holding N.V. (NASDAQ:ASML) by 28.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 927 shares of the semiconductor company’s stock after purchasing an additional 206 shares during the quarter. Westside Investment Management Inc.’s holdings in ASML were worth $742,000 as of its most recent filing with the SEC.

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

ASML Price Performance

NASDAQ ASML opened at $1,059.23 on Monday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11. 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 $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 company has a 50-day moving average price of $924.66 and a two-hundred day moving average price of $804.27.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the firm earned $5.28 EPS. ASML’s quarterly revenue was up .7% on a year-over-year basis. Analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ASML. Arete Research raised shares of ASML to a “strong-buy” rating in a research report on Friday, September 12th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Evercore ISI reaffirmed an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Three 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 stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target 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.