3,000 ASML Holding N.V. $ASML Shares Purchased by Twin Peaks Capital Ltd

Twin Peaks Capital Ltd increased its position in ASML Holding N.V. (NASDAQ:ASML) by 100.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,000 shares of the semiconductor company’s stock after acquiring an additional 3,000 shares during the period. ASML makes up about 6.2% of Twin Peaks Capital Ltd’s portfolio, making the stock its 3rd biggest holding. Twin Peaks Capital Ltd’s holdings in ASML were worth $10,870,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Van ECK Associates Corp raised its position in ASML by 31.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after buying an additional 592,125 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after acquiring an additional 96,860 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of ASML by 1.2% in the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock valued at $2,060,833,000 after acquiring an additional 19,051 shares during the last quarter. BlackRock Inc. increased its stake in shares of ASML by 4.9% in the second quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock worth $2,550,840,000 after acquiring an additional 59,888 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of ASML by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock worth $1,364,963,000 after acquiring an additional 18,768 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $2,100.00 target price on shares of ASML in a research report on Wednesday, October 7th. UBS Group reissued a “buy” rating on shares of ASML in a report on Monday, September 28th. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Wells Fargo & Company upped their target price on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Barclays reiterated an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,204.71.

ASML Price Performance

ASML stock traded up $68.10 during midday trading on Friday, reaching $1,424.75. The company had a trading volume of 1,902,471 shares, compared to its average volume of 1,583,467. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01. ASML Holding N.V. has a 12-month low of $946.11 and a 12-month high of $1,999.96. The company has a market capitalization of $549.13 billion, a P/E ratio of 35.08, a P/E/G ratio of 0.63 and a beta of 1.80. The firm’s fifty day simple moving average is $1,677.25 and its 200-day simple moving average is $1,599.85.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The firm had revenue of $13.27 billion for the quarter. As a group, equities analysts anticipate that ASML Holding N.V. will post 46.54 EPS for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were paid a $2.1077 dividend. This is a decrease from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 27th. ASML’s payout ratio is 17.55%.

ASML Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.