WP Advisors LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 467 shares of the semiconductor company’s stock, valued at approximately $374,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in ASML by 26.5% during the first 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 during the last quarter. Dimensional Fund Advisors LP increased its position in ASML by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after purchasing an additional 7,164 shares during the last quarter. Invesco Ltd. raised its stake in shares of ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after purchasing an additional 367,505 shares in the last quarter. Fayez Sarofim & Co lifted its holdings in shares of ASML by 2.7% during the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock valued at $470,910,000 after buying an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. lifted its holdings in shares of ASML by 61.0% during the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after buying an additional 268,172 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Stock Performance
Shares of ASML opened at $1,019.86 on Friday. The company has a market capitalization of $401.09 billion, a PE ratio of 41.51, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,086.11. The company’s fifty day moving average price is $975.72 and its 200 day moving average price is $826.09.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. 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. ASML’s dividend payout ratio (DPR) is presently 25.76%.
Analysts Set New Price Targets
ASML has been the topic of a number of research reports. Rothschild & Co Redburn upgraded ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. HSBC reissued a “buy” rating on shares of ASML in a research report on Friday, October 17th. New Street Research restated a “neutral” rating on shares of ASML in a report on Monday, October 6th. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Finally, Bank Degroof downgraded shares of ASML to a “hold” rating in a research report on Friday, October 10th. Four analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,076.33.
Get 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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