Greenfield Seitz Capital Management LLC Acquires 428 Shares of ASML Holding N.V. $ASML

Greenfield Seitz Capital Management LLC grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 15.2% during the third quarter, Holdings Channel reports. The firm owned 3,250 shares of the semiconductor company’s stock after purchasing an additional 428 shares during the period. ASML accounts for about 1.7% of Greenfield Seitz Capital Management LLC’s portfolio, making the stock its 19th largest position. Greenfield Seitz Capital Management LLC’s holdings in ASML were worth $5,888,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ASML. Signature Equity Partners LLC boosted its stake in shares of ASML by 28.2% during the 3rd quarter. Signature Equity Partners LLC now owns 109 shares of the semiconductor company’s stock worth $198,000 after acquiring an additional 24 shares in the last quarter. Summit Wealth Group LLC Co. increased its holdings in shares of ASML by 341.8% during the 3rd quarter. Summit Wealth Group LLC Co. now owns 2,240 shares of the semiconductor company’s stock valued at $4,059,000 after acquiring an additional 1,733 shares during the last quarter. Landaas & Co. WI ADV increased its holdings in shares of ASML by 2.4% during the 3rd quarter. Landaas & Co. WI ADV now owns 475 shares of the semiconductor company’s stock valued at $861,000 after acquiring an additional 11 shares during the last quarter. MBA Advisors LLC increased its holdings in shares of ASML by 3.1% during the 3rd quarter. MBA Advisors LLC now owns 806 shares of the semiconductor company’s stock valued at $1,460,000 after acquiring an additional 24 shares during the last quarter. Finally, One Way Holdings LLC raised its stake in shares of ASML by 9.7% in the 3rd quarter. One Way Holdings LLC now owns 454 shares of the semiconductor company’s stock valued at $822,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the subject of several analyst reports. UBS Group restated a “buy” rating on shares of ASML in a report on Monday, September 28th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $2,100.00 price target on shares of ASML in a report on Wednesday, October 7th. Sanford C. Bernstein lifted their price target on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $2,079.12.

ASML Price Performance

NASDAQ ASML opened at $1,526.14 on Tuesday. The stock has a 50-day simple moving average of $1,699.96 and a 200 day simple moving average of $1,597.10. ASML Holding N.V. has a twelve month low of $946.11 and a twelve month high of $1,999.96. The stock has a market capitalization of $588.20 billion, a PE ratio of 37.57, a P/E/G ratio of 0.69 and a beta of 1.77. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.

ASML (NASDAQ:ASML) last released its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The firm had revenue of $13.27 billion for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. Research analysts anticipate that ASML Holding N.V. will post 46.54 EPS for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th will be given a $2.1077 dividend. This is a negative change from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is currently 17.53%.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.