383 Shares in ASML Holding N.V. $ASML Purchased by ICONIQ Capital LLC

ICONIQ Capital LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 383 shares of the semiconductor company’s stock, valued at approximately $762,000.

Other hedge funds have also added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its stake in shares of ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Van ECK Associates Corp grew its stake in ASML by 31.7% in the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after purchasing an additional 592,125 shares in the last quarter. Sei Investments Co. increased its holdings in ASML by 223.7% during the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after purchasing an additional 198,505 shares during the period. Price T Rowe Associates Inc. MD raised its position in ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after purchasing an additional 193,068 shares in the last quarter. Finally, Invesco Ltd. raised its position in ASML by 21.3% during the 3rd quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock valued at $822,492,000 after purchasing an additional 148,948 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

Shares of ASML opened at $1,696.16 on Monday. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The firm has a market cap of $667.07 billion, a PE ratio of 52.77, a P/E/G ratio of 0.84 and a beta of 1.79. ASML Holding N.V. has a 12 month low of $716.20 and a 12 month high of $1,999.96. The stock has a fifty day moving average price of $1,764.95 and a 200-day moving average price of $1,592.80.

ASML (NASDAQ:ASML) last announced its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The firm had revenue of $10.62 billion for the quarter. Equities research analysts predict that ASML Holding N.V. will post 44.99 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent research reports. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Argus set a $2,100.00 target price on shares of ASML in a report on Thursday, July 16th. Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Bank of America upped their price target on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Finally, Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, May 8th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.