Abel Hall LLC decreased its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 11.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 756 shares of the semiconductor company’s stock after selling 102 shares during the quarter. Abel Hall LLC’s holdings in ASML were worth $606,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of ASML. Putney Financial Group LLC lifted its stake in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 29 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of ASML during the 1st quarter valued at $27,000. Maseco LLP purchased a new position in shares of ASML during the 2nd quarter valued at $32,000. Knuff & Co LLC purchased a new position in shares of ASML during the 1st quarter valued at $33,000. Finally, Wayfinding Financial LLC purchased a new position in shares of ASML during the 1st quarter valued at $35,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Stock Performance
Shares of NASDAQ ASML opened at $1,002.30 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The company has a market cap of $394.32 billion, a P/E ratio of 41.83, a P/E/G ratio of 1.76 and a beta of 1.87. The firm’s fifty day moving average is $818.08 and its two-hundred day moving average is $757.31. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,059.00.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were issued 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 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s payout ratio is presently 26.21%.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Wells Fargo & Company lifted their price target on shares of ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a report on Tuesday, July 8th. Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a report on Tuesday, September 30th. Finally, Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $938.80.
Read Our Latest Report on ASML
About ASML
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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