NorthRock Partners LLC Acquires 233 Shares of ASML Holding (NASDAQ:ASML)

NorthRock Partners LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 56.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 644 shares of the semiconductor company’s stock after acquiring an additional 233 shares during the quarter. NorthRock Partners LLC’s holdings in ASML were worth $625,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. Jennison Associates LLC raised its holdings in ASML by 50.0% during the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after acquiring an additional 572,996 shares during the period. International Assets Investment Management LLC increased its holdings in shares of ASML by 48,040.7% in the fourth 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. Wellington Management Group LLP increased its holdings in shares of ASML by 35.6% in the fourth quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock worth $587,951,000 after purchasing an additional 203,860 shares during the last quarter. Kodai Capital Management LP bought a new stake in shares of ASML in the fourth quarter worth about $150,318,000. Finally, Van ECK Associates Corp increased its holdings in shares of ASML by 21.2% in the first quarter. Van ECK Associates Corp now owns 1,111,404 shares of the semiconductor company’s stock worth $1,078,584,000 after purchasing an additional 194,190 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 0.3 %

ASML stock traded up $2.66 during trading hours on Tuesday, hitting $1,066.29. The company had a trading volume of 311,960 shares, compared to its average volume of 1,115,826. The firm has a market cap of $420.75 billion, a P/E ratio of 54.32, a P/E/G ratio of 2.29 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The company has a 50-day moving average price of $1,003.10 and a two-hundred day moving average price of $933.54. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. On average, sell-side analysts anticipate that ASML Holding will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

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

Analyst Ratings Changes

ASML has been the topic of several research reports. 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. Sanford C. Bernstein dropped their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Evercore ISI initiated coverage on ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Finally, Susquehanna boosted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,083.00.

ASML Company 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.