Telos Capital Management Inc. Has $8.32 Million Position in ASML Holding N.V. $ASML

Telos Capital Management Inc. increased its position in ASML Holding N.V. (NASDAQ:ASML) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,387 shares of the semiconductor company’s stock after buying an additional 274 shares during the period. Telos Capital Management Inc.’s holdings in ASML were worth $8,324,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. Private Trust Co. NA grew its holdings in ASML by 13.7% during the first quarter. Private Trust Co. NA now owns 828 shares of the semiconductor company’s stock valued at $549,000 after purchasing an additional 100 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in ASML by 3.2% during the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 16 shares during the last quarter. Capstone Wealth Management Group LLC grew its holdings in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the last quarter. Principal Financial Group Inc. grew its holdings in ASML by 17.7% during the first quarter. Principal Financial Group Inc. now owns 11,802 shares of the semiconductor company’s stock valued at $7,820,000 after purchasing an additional 1,777 shares during the last quarter. Finally, D.A. Davidson & CO. grew its holdings in ASML by 6.8% during the first quarter. D.A. Davidson & CO. now owns 3,764 shares of the semiconductor company’s stock valued at $2,494,000 after purchasing an additional 239 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Sanford C. Bernstein reiterated a “market perform” rating on shares of ASML in a report on Wednesday. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Thursday, October 16th. HSBC reissued a “buy” rating on shares of ASML in a research report on Friday, October 17th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Finally, Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Stock Down 1.5%

Shares of ASML stock opened at $1,059.23 on Monday. The stock has a market cap of $416.58 billion, a P/E ratio of 43.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.87. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,086.11. The stock has a fifty day moving average price of $924.66 and a 200 day moving average price of $804.27. 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 (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the business earned $5.28 earnings per share. Analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

ASML Company 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.