CreativeOne Wealth LLC Purchases 677 Shares of ASML Holding (NASDAQ:ASML)

CreativeOne Wealth LLC raised its stake in shares of ASML Holding (NASDAQ:ASML) by 118.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,247 shares of the semiconductor company’s stock after purchasing an additional 677 shares during the quarter. CreativeOne Wealth LLC’s holdings in ASML were worth $1,210,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. First PREMIER Bank boosted its position in ASML by 4.2% in the first quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after buying an additional 11 shares in the last quarter. Investment Partners LTD. lifted its position in shares of ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after purchasing an additional 11 shares in the last quarter. Toth Financial Advisory Corp lifted its position in shares of ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares in the last quarter. Slow Capital Inc. lifted its position in shares of ASML by 0.3% during the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after purchasing an additional 13 shares in the last quarter. Finally, Miracle Mile Advisors LLC lifted its position in shares of ASML by 4.7% during the first quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock worth $279,000 after purchasing an additional 13 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 3.0 %

ASML stock traded up $25.53 during mid-day trading on Friday, reaching $888.16. The stock had a trading volume of 1,194,826 shares, compared to its average volume of 1,183,895. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The company has a market capitalization of $350.46 billion, a price-to-earnings ratio of 45.54, a PEG ratio of 1.85 and a beta of 1.49. The company has a 50-day moving average price of $1,004.63 and a two-hundred day moving average price of $942.04. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.37 EPS. On average, analysts expect that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th will be paid a $1.8732 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date is Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a yield of 0.84%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

Wall Street Analyst Weigh In

ASML has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Evercore ISI started coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Susquehanna increased their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. JPMorgan Chase & Co. increased their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Finally, Sanford C. Bernstein lowered 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 research report on Friday, April 12th. Two investment 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. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

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.