Vestmark Advisory Solutions Inc. Raises Position in ASML Holding N.V. $ASML

Vestmark Advisory Solutions Inc. increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 10,025 shares of the semiconductor company’s stock after purchasing an additional 103 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in ASML were worth $8,034,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ASML. Princeton Global Asset Management LLC increased its holdings in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 20 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in ASML during the 1st quarter worth approximately $27,000. Washington Trust Advisors Inc. increased its stake in ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 22 shares in the last quarter. Maseco LLP purchased a new position in shares of ASML in the second quarter worth $32,000. Finally, Knuff & Co LLC purchased a new position in shares of ASML in the first quarter worth $33,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on ASML. Barclays reissued an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Susquehanna raised their price objective on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Hsbc Global Res upgraded ASML to a “strong-buy” rating in a research report on Monday, October 6th. Finally, Arete Research upgraded shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,076.33.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,016.96 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. The stock has a market capitalization of $399.95 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 1.76 and a beta of 1.88. The firm’s 50 day simple moving average is $952.53 and its 200-day simple moving average is $815.89. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,086.11.

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

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a $1.857 dividend. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a boost from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 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.