Spectrum Asset Management Inc. NB CA bought a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 714 shares of the semiconductor company’s stock, valued at approximately $572,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its holdings in ASML by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of ASML by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after buying an additional 7,164 shares during the period. Invesco Ltd. grew its position in shares of ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after buying an additional 367,505 shares during the period. Fayez Sarofim & Co raised its stake in shares of ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after buying an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. lifted its holdings in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after buying an additional 268,172 shares during the period. Institutional investors own 26.07% of the company’s stock.
ASML Stock Performance
Shares of ASML stock opened at $1,002.30 on Wednesday. The stock’s fifty day simple moving average is $818.08 and its 200 day simple moving average is $757.31. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $394.32 billion, a PE ratio of 41.83, a PEG ratio of 1.76 and a beta of 1.87. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00.
ASML Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 0.7%. ASML’s payout ratio is presently 26.21%.
Wall Street Analysts Forecast Growth
ASML has been the subject of a number of analyst reports. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of ASML in a report on Tuesday, September 30th. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Tuesday. New Street Research restated a “neutral” rating on shares of ASML in a report on Monday. Finally, Jefferies Financial Group lowered ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $938.80.
Read Our Latest Stock Analysis on ASML
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.
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