Account Management LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 1.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,900 shares of the semiconductor company’s stock after buying an additional 150 shares during the quarter. ASML accounts for 7.8% of Account Management LLC’s investment portfolio, making the stock its 4th biggest holding. Account Management LLC’s holdings in ASML were worth $7,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Putney Financial Group LLC raised its holdings in ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in ASML during the first quarter worth approximately $27,000. Maseco LLP bought a new stake in ASML during the second quarter worth approximately $32,000. Knuff & Co LLC bought a new stake in ASML during the first quarter worth approximately $33,000. Finally, Wayfinding Financial LLC bought a new stake in ASML during the first quarter worth approximately $35,000. Institutional investors own 26.07% of the company’s stock.
ASML Price Performance
Shares of NASDAQ:ASML opened at $987.81 on Thursday. The company’s fifty day moving average is $823.41 and its two-hundred day moving average is $758.90. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00. The company has a market cap of $388.62 billion, a P/E ratio of 41.23, a price-to-earnings-growth ratio of 1.69 and a beta of 1.87.
ASML Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were issued a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio is presently 26.21%.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. Barclays reissued an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of ASML in a report on Tuesday, September 30th. Hsbc Global Res raised ASML to a “strong-buy” rating in a report on Monday. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ASML in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $938.80.
Read Our Latest Analysis on ASML
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.
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