Brown University Invests $1.08 Million in ASML Holding N.V. $ASML

Brown University bought a new position in ASML Holding N.V. (NASDAQ:ASML) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,352 shares of the semiconductor company’s stock, valued at approximately $1,083,000. ASML accounts for 0.8% of Brown University’s portfolio, making the stock its 7th biggest position.

Several other institutional investors have also added to or reduced their stakes in ASML. Goldman Sachs Group Inc. increased its holdings in shares of ASML by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after buying an additional 199,740 shares during the period. Dimensional Fund Advisors LP grew its position in ASML by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after acquiring an additional 7,164 shares during the last quarter. Invesco Ltd. grew its position in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after acquiring an additional 367,505 shares during the last quarter. Fayez Sarofim & Co increased its stake in ASML by 2.7% in the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after purchasing an additional 18,516 shares during the period. Finally, First Manhattan CO. LLC. lifted its position in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after purchasing an additional 268,172 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on ASML shares. Morningstar downgraded shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a report on Monday, October 6th. Susquehanna upped their price objective on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Rothschild & Co Redburn raised ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. Finally, Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Trading Down 1.7%

Shares of ASML opened at $1,019.86 on Friday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,086.11. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $975.72 and its 200-day moving average price is $826.09. The firm has a market capitalization of $401.09 billion, a price-to-earnings ratio of 41.51, a PEG ratio of 1.76 and a beta of 1.88.

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

ASML Increases Dividend

The company also recently disclosed 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 a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio is currently 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.