May Hill Capital LLC Decreases Holdings in ASML Holding N.V. $ASML

May Hill Capital LLC decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 10.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 786 shares of the semiconductor company’s stock after selling 91 shares during the period. May Hill Capital LLC’s holdings in ASML were worth $630,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Creative Financial Designs Inc. ADV grew its stake in shares of ASML by 29.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 109 shares of the semiconductor company’s stock valued at $72,000 after buying an additional 25 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in ASML by 131.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 16,442 shares of the semiconductor company’s stock valued at $10,972,000 after acquiring an additional 9,340 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in ASML by 19.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,135 shares of the semiconductor company’s stock worth $10,029,000 after acquiring an additional 2,454 shares during the last quarter. Sovran Advisors LLC increased its stake in ASML by 12.7% in the 1st quarter. Sovran Advisors LLC now owns 1,277 shares of the semiconductor company’s stock worth $818,000 after purchasing an additional 144 shares during the period. Finally, Root Financial Partners LLC bought a new stake in ASML in the first quarter valued at approximately $221,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a report on Friday, October 10th. Morningstar downgraded shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Susquehanna increased their target price on shares of ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a report on Friday, October 10th. Finally, Barclays reissued an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Trading Up 2.6%

NASDAQ:ASML opened at $1,059.98 on Tuesday. The company has a 50-day moving average price of $899.17 and a 200-day moving average price of $792.01. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,060.73. 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 stock has a market cap of $416.87 billion, a price-to-earnings ratio of 43.14, a P/E/G ratio of 1.70 and a beta of 1.87.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating 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 company had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the company earned $5.28 earnings per share. ASML’s quarterly revenue was up .7% on a year-over-year basis. Equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be given a $1.857 dividend. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is currently 25.56%.

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.