ASML Holding N.V. $ASML Holdings Raised by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 11.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 922 shares of the semiconductor company’s stock after acquiring an additional 93 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in ASML were worth $739,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. UMB Bank n.a. lifted its holdings in shares of ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares during the last quarter. Rossmore Private Capital raised its position in ASML by 0.3% during the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock valued at $2,880,000 after buying an additional 14 shares during the period. Baring Financial LLC raised its position in ASML by 2.8% during the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after buying an additional 14 shares during the period. Sage Mountain Advisors LLC raised its position in ASML by 2.6% during the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after buying an additional 15 shares during the period. Finally, Manchester Capital Management LLC raised its position in ASML by 15.2% during the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after buying an additional 15 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ASML. Barclays reissued an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Wells Fargo & Company upped their price target on ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Stock Performance

Shares of ASML stock opened at $1,059.23 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,086.11. The stock’s 50-day moving average is $924.66 and its two-hundred day moving average is $802.25. The firm has a market cap of $416.58 billion, a P/E ratio of 43.11, a PEG ratio of 1.76 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the firm posted $5.28 EPS. The business’s revenue was up .7% compared to the same quarter last year. Analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio is currently 25.76%.

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.