ASML Holding (NASDAQ:ASML) Shares Acquired by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. increased its position in shares of ASML Holding (NASDAQ:ASML) by 23.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 458 shares of the semiconductor company’s stock after acquiring an additional 86 shares during the period. Valley Brook Capital Group Inc.’s holdings in ASML were worth $382,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of ASML by 22.9% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 8,911 shares of the semiconductor company’s stock worth $8,648,000 after acquiring an additional 1,661 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of ASML by 84.6% in the first quarter. Larson Financial Group LLC now owns 48 shares of the semiconductor company’s stock worth $47,000 after buying an additional 22 shares during the period. Avidian Wealth Solutions LLC acquired a new position in ASML during the first quarter valued at $201,000. Geneos Wealth Management Inc. boosted its position in ASML by 23.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 235 shares of the semiconductor company’s stock worth $228,000 after acquiring an additional 45 shares during the period. Finally, Howland Capital Management LLC acquired a new position in ASML in the 1st quarter valued at approximately $362,000. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 1.9 %

Shares of NASDAQ:ASML traded up $12.72 during midday trading on Thursday, hitting $674.15. The company had a trading volume of 539,790 shares, compared to its average volume of 1,407,435. The firm has a fifty day simple moving average of $780.47 and a 200 day simple moving average of $892.54. The stock has a market cap of $265.23 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 1.95 and a beta of 1.51. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 12 month low of $633.85 and a 12 month high of $1,110.09.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be paid a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s payout ratio is 29.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ASML shares. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein cut their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. Finally, JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $970.60.

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.