Valeo Financial Advisors LLC lowered its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 5.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,614 shares of the semiconductor company’s stock after selling 148 shares during the quarter. Valeo Financial Advisors LLC’s holdings in ASML were worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vantage Investment Partners LLC raised its holdings in shares of ASML by 4.9% during the 2nd quarter. Vantage Investment Partners LLC now owns 58,940 shares of the semiconductor company’s stock valued at $47,234,000 after purchasing an additional 2,772 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in ASML by 3.9% in the 2nd quarter. DAVENPORT & Co LLC now owns 5,406 shares of the semiconductor company’s stock worth $4,332,000 after acquiring an additional 203 shares during the period. Glass Wealth Management Co LLC raised its holdings in ASML by 34.4% in the 2nd quarter. Glass Wealth Management Co LLC now owns 2,684 shares of the semiconductor company’s stock worth $2,151,000 after acquiring an additional 687 shares during the period. Global Assets Advisory LLC bought a new position in ASML in the 2nd quarter worth $349,000. Finally, Three Bridge Wealth Advisors LLC raised its holdings in ASML by 4.9% in the 2nd quarter. Three Bridge Wealth Advisors LLC now owns 1,256 shares of the semiconductor company’s stock worth $1,007,000 after acquiring an additional 59 shares during the period. Institutional investors own 26.07% of the company’s stock.
ASML Stock Performance
NASDAQ ASML opened at $1,043.30 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The firm has a market capitalization of $410.46 billion, a price-to-earnings ratio of 43.54, a P/E/G ratio of 1.74 and a beta of 1.87. The company’s fifty day moving average is $812.40 and its two-hundred day moving average is $755.60. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,059.00.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is an increase from ASML’s previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 26.21%.
Analysts Set New Price Targets
Several research analysts recently commented on ASML shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of ASML in a report on Saturday, September 27th. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Tuesday, September 30th. Finally, Morningstar downgraded shares of ASML to a “hold” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $938.80.
Read Our Latest Research Report on ASML
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.
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