Brooklyn Investment Group Makes New $43,000 Investment in ASML Holding (NASDAQ:ASML)

Brooklyn Investment Group bought a new position in ASML Holding (NASDAQ:ASML) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 52 shares of the semiconductor company’s stock, valued at approximately $43,000.

A number of other large investors have also bought and sold shares of ASML. Mercer Global Advisors Inc. ADV increased its position in ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after buying an additional 870,010 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares in the last quarter. Van ECK Associates Corp grew its position in shares of ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after purchasing an additional 474,653 shares in the last quarter. Tairen Capital Ltd grew its position in shares of ASML by 321.2% in the second quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock valued at $207,559,000 after purchasing an additional 154,760 shares in the last quarter. Finally, Mediolanum International Funds Ltd purchased a new position in shares of ASML in the third quarter valued at $125,952,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 2.4 %

Shares of ASML stock opened at $686.61 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $732.20 and a two-hundred day moving average price of $865.74. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The firm has a market cap of $270.13 billion, a P/E ratio of 35.95, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. Equities analysts anticipate that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a yield of 0.82%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 29.21%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Wells Fargo & Company dropped their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $961.00.

About ASML

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.