Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $860,000 Holdings in ASML Holding (NASDAQ:ASML)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors decreased its stake in shares of ASML Holding (NASDAQ:ASML) by 8.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 841 shares of the semiconductor company’s stock after selling 75 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in ASML were worth $860,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of ASML. Jennison Associates LLC increased its position in shares of ASML by 50.0% during the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after acquiring an additional 572,996 shares in the last quarter. Fayez Sarofim & Co bought a new stake in ASML during the 1st quarter worth approximately $542,710,000. GQG Partners LLC raised its stake in shares of ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after purchasing an additional 294,784 shares during the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of ASML by 11,084.1% in the first quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company’s stock valued at $238,784,000 after purchasing an additional 243,850 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of ASML by 35.6% during the fourth quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock valued at $587,951,000 after buying an additional 203,860 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on ASML. JPMorgan Chase & Co. raised their price objective on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Wells Fargo & Company increased their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, Susquehanna boosted their target price on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Performance

NASDAQ ASML traded up $1.23 on Friday, hitting $908.94. 792,659 shares of the stock traded hands, compared to its average volume of 1,224,375. The firm has a market capitalization of $358.66 billion, a price-to-earnings ratio of 46.77, a PEG ratio of 1.87 and a beta of 1.49. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The business’s fifty day moving average is $964.08 and its two-hundred day moving average is $955.20.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. During the same period in the previous year, the business earned $5.37 EPS. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. As a group, equities analysts anticipate that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio (DPR) is currently 28.50%.

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.