Andesa Financial Management Inc. purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 400 shares of the semiconductor company’s stock, valued at approximately $247,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Northwest Investment Counselors LLC purchased a new stake in ASML in the 1st quarter valued at approximately $37,000. Canal Capital Management LLC purchased a new stake in ASML in the 1st quarter valued at approximately $222,000. Exchange Traded Concepts LLC boosted its holdings in ASML by 74.5% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,108 shares of the semiconductor company’s stock valued at $684,000 after purchasing an additional 473 shares in the last quarter. PDS Planning Inc boosted its stake in shares of ASML by 4.8% during the 1st quarter. PDS Planning Inc now owns 481 shares of the semiconductor company’s stock worth $297,000 after acquiring an additional 22 shares in the last quarter. Finally, Landsberg Bennett & Dubbaneh LLC boosted its stake in shares of ASML by 64.9% during the 1st quarter. Landsberg Bennett & Dubbaneh LLC now owns 5,577 shares of the semiconductor company’s stock worth $3,553,000 after acquiring an additional 2,194 shares in the last quarter. 17.88% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ:ASML opened at $647.09 on Friday. The firm’s 50 day moving average is $591.10 and its two-hundred day moving average is $504.57. ASML Holding has a 52 week low of $275.96 and a 52 week high of $665.87. The firm has a market capitalization of $271.66 billion, a P/E ratio of 72.38, a PEG ratio of 2.25 and a beta of 1.06. The company has a current ratio of 2.92, a quick ratio of 1.99 and a debt-to-equity ratio of 0.34.
ASML (NASDAQ:ASML) last posted its quarterly earnings data on Tuesday, April 20th. The semiconductor company reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.84. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.03 billion. ASML had a net margin of 24.30% and a return on equity of 25.91%. The business’s revenue was up 78.8% on a year-over-year basis. During the same period last year, the firm posted $0.93 earnings per share. Analysts predict that ASML Holding will post 9.34 EPS for the current year.
The company also recently declared a semi-annual dividend, which will be paid on Wednesday, May 12th. Shareholders of record on Tuesday, May 4th will be issued a dividend of $1.8864 per share. This represents a yield of 0.4%. This is a boost from ASML’s previous semi-annual dividend of $1.41. The ex-dividend date of this dividend is Monday, May 3rd. ASML’s dividend payout ratio is 34.40%.
Several brokerages have weighed in on ASML. Royal Bank of Canada boosted their price target on ASML from $540.00 to $610.00 and gave the company an “outperform” rating in a report on Thursday, January 21st. Cowen raised shares of ASML from a “market perform” rating to an “outperform” rating in a research note on Monday, March 29th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research note on Monday, January 25th. DZ Bank reissued a “buy” rating on shares of ASML in a research note on Wednesday, April 7th. Finally, Zacks Investment Research raised shares of ASML from a “hold” rating to a “buy” rating and set a $707.00 price target for the company in a research report on Thursday, April 15th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. ASML presently has an average rating of “Buy” and a consensus price target of $605.80.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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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