Investidor Profissional Gestao de Recursos Ltda. Takes $359,000 Position in ASML Holding N.V. $ASML

Investidor Profissional Gestao de Recursos Ltda. purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 448 shares of the semiconductor company’s stock, valued at approximately $359,000. ASML makes up approximately 0.2% of Investidor Profissional Gestao de Recursos Ltda.’s holdings, making the stock its 19th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Princeton Global Asset Management LLC lifted its position in shares of ASML by 153.8% during 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 bought a new position in ASML in the 1st quarter worth approximately $27,000. Pin Oak Investment Advisors Inc. acquired a new position in ASML during the 2nd quarter worth $30,000. Washington Trust Advisors Inc. boosted its position in ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 22 shares during the last quarter. Finally, Maseco LLP acquired a new stake in shares of ASML in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, October 13th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a report on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Friday, October 10th. Finally, Redburn Partners set a $1,200.00 target price on ASML in a research note on Friday, November 7th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Trading Down 1.6%

NASDAQ ASML opened at $1,004.06 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock’s 50-day moving average is $988.68 and its 200-day moving average is $835.38. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,086.11. The firm has a market cap of $394.88 billion, a P/E ratio of 40.87, a P/E/G ratio of 1.76 and a beta of 1.88.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the prior year, the business earned $5.28 EPS. ASML’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors 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 payout ratio is presently 25.76%.

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.