545 Shares of ASML Holding N.V. $ASML Purchased by RD Finance Ltd

RD Finance Ltd bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 545 shares of the semiconductor company’s stock, valued at approximately $987,000. ASML accounts for 0.9% of RD Finance Ltd’s portfolio, making the stock its 20th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp lifted its position in shares of ASML by 31.7% during the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after purchasing an additional 592,125 shares in the last quarter. BlackRock Inc. boosted its stake in shares of ASML by 4.9% in the second quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after purchasing an additional 59,888 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of ASML by 6.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after purchasing an additional 96,860 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of ASML by 1.2% in the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock valued at $2,060,833,000 after purchasing an additional 19,051 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of ASML by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock valued at $1,364,963,000 after purchasing an additional 18,768 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASML has been the topic of a number of research reports. UBS Group reiterated a “buy” rating on shares of ASML in a report on Monday, September 28th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Friday, July 10th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,079.12.

ASML Stock Up 1.2%

ASML stock opened at $1,590.90 on Tuesday. The company’s 50 day moving average price is $1,722.74 and its 200 day moving average price is $1,586.27. The firm has a market capitalization of $613.16 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 0.66 and a beta of 1.77. ASML Holding N.V. has a fifty-two week low of $946.11 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. The company had revenue of $13.27 billion during the quarter. On average, equities research analysts anticipate that ASML Holding N.V. will post 46.03 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th will be given a $2.1077 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.5%. This is a drop from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is currently 17.90%.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.