Prosperity Consulting Group LLC Has $725,000 Stock Position in ASML Holding (NASDAQ:ASML)

Prosperity Consulting Group LLC grew its position in ASML Holding (NASDAQ:ASML) by 6.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 747 shares of the semiconductor company’s stock after buying an additional 45 shares during the period. Prosperity Consulting Group LLC’s holdings in ASML were worth $725,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Townsquare Capital LLC boosted its position in shares of ASML by 11.5% in the 3rd quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock worth $5,013,000 after purchasing an additional 881 shares during the last quarter. Savoie Capital LLC bought a new position in shares of ASML in the 3rd quarter worth $14,658,000. International Assets Investment Management LLC boosted its position in shares of ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after purchasing an additional 245,488 shares during the last quarter. Griffin Asset Management Inc. boosted its position in shares of ASML by 9.3% in the 4th quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock worth $14,842,000 after purchasing an additional 1,661 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its position in shares of ASML by 219.0% in the 4th quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock worth $2,195,000 after purchasing an additional 2,168 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Up 0.3 %

Shares of ASML traded up $3.07 during midday trading on Friday, hitting $1,074.48. The stock had a trading volume of 771,089 shares, compared to its average volume of 859,943. The company has a 50 day simple moving average of $980.63 and a two-hundred day simple moving average of $917.60. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,082.79. The firm has a market cap of $423.98 billion, a price-to-earnings ratio of 54.88, a price-to-earnings-growth ratio of 2.27 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 quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. On average, analysts anticipate that ASML Holding will post 20.12 EPS for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio is currently 32.53%.

Analyst Upgrades and Downgrades

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