Blue Trust Inc. raised its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,199 shares of the semiconductor company’s stock after purchasing an additional 47 shares during the quarter. Blue Trust Inc.’s holdings in ASML were worth $961,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Putney Financial Group LLC raised its stake in shares of ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 29 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of ASML in the 1st quarter valued at about $27,000. Maseco LLP acquired a new stake in shares of ASML in the 2nd quarter valued at about $32,000. Knuff & Co LLC acquired a new stake in shares of ASML in the 1st quarter valued at about $33,000. Finally, Costello Asset Management INC raised its stake in shares of ASML by 147.1% in the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Trading Down 4.5%
ASML stock opened at $936.19 on Friday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,059.00. 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 stock has a market capitalization of $368.18 billion, a P/E ratio of 39.07, a PEG ratio of 1.58 and a beta of 1.87. The stock has a 50-day simple moving average of $834.05 and a 200 day simple moving average of $762.48.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 0.8%. ASML’s dividend payout ratio is 26.21%.
Wall Street Analyst Weigh In
Several research firms have issued reports on ASML. New Street Research reissued a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Wells Fargo & Company lifted their target price on ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Bank Degroof downgraded ASML to a “hold” rating in a research report on Friday. Morningstar downgraded ASML to a “hold” rating in a research report on Thursday, September 18th. Finally, Arete Research raised ASML to a “strong-buy” rating in a research report on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,001.60.
Check Out Our Latest Research Report on ASML
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.
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