Stratos Wealth Advisors LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 18.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 575 shares of the semiconductor company’s stock after purchasing an additional 91 shares during the period. Stratos Wealth Advisors LLC’s holdings in ASML were worth $461,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Maseco LLP bought a new stake in ASML during the 2nd quarter valued at approximately $32,000. Banque Cantonale Vaudoise bought a new position in shares of ASML in the 1st quarter worth approximately $27,000. Costello Asset Management INC lifted its stake in shares of ASML by 147.1% in the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 25 shares during the period. PARK CIRCLE Co boosted its position in shares of ASML by 80.0% during the second quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 20 shares in the last quarter. Finally, Knuff & Co LLC purchased a new stake in ASML in the first quarter worth $33,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Stock Performance
Shares of ASML stock opened at $1,029.27 on Monday. The company has a market capitalization of $404.79 billion, a price-to-earnings ratio of 41.89, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,059.00. The company’s 50-day moving average is $864.28 and its 200 day moving average is $775.08.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is 25.56%.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on ASML shares. New Street Research reissued a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday, October 13th. Finally, Bank Degroof lowered shares of ASML to a “hold” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.
Read Our Latest Stock 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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