Pembroke Management LTD Invests $263,000 in ASML Holding N.V. $ASML

Pembroke Management LTD acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 328 shares of the semiconductor company’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Princeton Global Asset Management LLC raised its holdings in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in ASML during the 1st quarter valued at $27,000. Washington Trust Advisors Inc. increased its position in ASML by 129.4% in the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after buying an additional 22 shares in the last quarter. Maseco LLP purchased a new position in shares of ASML during the 2nd quarter valued at $32,000. Finally, Knuff & Co LLC bought a new position in ASML in the 1st quarter worth approximately $33,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 2.1%

NASDAQ ASML opened at $1,038.79 on Tuesday. The company has a market capitalization of $408.54 billion, a price-to-earnings ratio of 42.28, 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 12 month low of $578.51 and a 12 month high of $1,086.11. The firm’s fifty day moving average price is $958.45 and its 200 day moving average price is $820.81.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the previous year, the business posted $5.28 earnings per share. ASML’s quarterly revenue was up .7% on a year-over-year basis. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. ASML’s dividend payout ratio is 25.76%.

Analyst Ratings Changes

A number of research firms have weighed in on ASML. Arete Research upgraded shares of ASML to a “strong-buy” rating in a research report on Friday, September 12th. New Street Research reaffirmed a “neutral” rating on shares of ASML in a report on Monday, October 6th. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Evercore ISI reaffirmed an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $1,076.33.

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.