Mitchell Sinkler & Starr PA increased its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 11.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,176 shares of the semiconductor company’s stock after purchasing an additional 117 shares during the period. Mitchell Sinkler & Starr PA’s holdings in ASML were worth $942,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of ASML. Putney Financial Group LLC boosted its stake in ASML by 322.2% in the 1st 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 position in ASML in the 1st quarter worth about $27,000. Maseco LLP bought a new position in ASML in the 2nd quarter worth about $32,000. Knuff & Co LLC bought a new position in ASML in the 1st quarter worth about $33,000. Finally, Costello Asset Management INC boosted its stake in ASML by 147.1% in the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
ASML Price Performance
Shares of NASDAQ:ASML opened at $936.19 on Friday. The firm’s 50 day moving average price is $834.05 and its 200-day moving average price is $762.48. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $368.18 billion, a PE ratio of 39.07, a price-to-earnings-growth ratio of 1.58 and a beta of 1.87.
ASML Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a $1.856 dividend. This is a boost from ASML’s previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. ASML’s dividend payout ratio (DPR) is currently 26.21%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Tuesday, September 30th. Weiss Ratings restated a “hold (c+)” rating on shares of ASML in a research note on Wednesday. Wells Fargo & Company upped their target price on shares of ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Finally, Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,001.60.
Check Out Our Latest Stock Report on ASML
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.
Featured Articles
- Five stocks we like better than ASML
- Earnings Per Share Calculator: How to Calculate EPS
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- Investing in Travel Stocks Benefits
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Catch the Next Bitcoin Rally With These 3 ETFs
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.