Vicus Capital Takes $328,000 Position in ASML Holding (NASDAQ:ASML)

Vicus Capital acquired a new stake in shares of ASML Holding (NASDAQ:ASML) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 338 shares of the semiconductor company’s stock, valued at approximately $328,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ASML. WD Rutherford LLC purchased a new stake in shares of ASML during the 1st quarter valued at $29,000. Beaird Harris Wealth Management LLC purchased a new position in ASML in the 4th quarter worth $34,000. Creative Financial Designs Inc. ADV raised its position in ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 15 shares during the period. E Fund Management Hong Kong Co. Ltd. purchased a new position in ASML in the 4th quarter worth $44,000. Finally, Bruce G. Allen Investments LLC purchased a new position in ASML in the 4th quarter worth $49,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.5 %

NASDAQ:ASML opened at $1,022.73 on Friday. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22. The company’s 50-day simple moving average is $964.40 and its 200 day simple moving average is $907.83. The firm has a market capitalization of $403.56 billion, a P/E ratio of 52.23, a PEG ratio of 2.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. As a group, analysts forecast that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.53%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

Analyst Ratings Changes

ASML has been the topic of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Evercore ISI started coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein cut their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,043.00.

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.