52 Shares in ASML Holding (NASDAQ:ASML) Purchased by Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. purchased a new position in ASML Holding (NASDAQ:ASML) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 52 shares of the semiconductor company’s stock, valued at approximately $43,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ASML. DekaBank Deutsche Girozentrale increased its stake in ASML by 19.7% in the first quarter. DekaBank Deutsche Girozentrale now owns 237 shares of the semiconductor company’s stock valued at $228,000 after acquiring an additional 39 shares during the last quarter. Mather Group LLC. lifted its position in ASML by 108.2% in the 2nd quarter. Mather Group LLC. now owns 404 shares of the semiconductor company’s stock worth $392,000 after buying an additional 210 shares during the last quarter. CWM LLC boosted its stake in ASML by 3.7% in the second quarter. CWM LLC now owns 1,939 shares of the semiconductor company’s stock worth $1,983,000 after buying an additional 70 shares in the last quarter. Linden Thomas Advisory Services LLC grew its position in ASML by 19.4% during the second quarter. Linden Thomas Advisory Services LLC now owns 283 shares of the semiconductor company’s stock valued at $289,000 after acquiring an additional 46 shares during the last quarter. Finally, Lantz Financial LLC purchased a new position in shares of ASML during the second quarter worth approximately $216,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on ASML. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. JPMorgan Chase & Co. lowered their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Finally, Susquehanna lowered their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $943.83.

ASML Price Performance

ASML opened at $718.06 on Wednesday. The stock’s 50 day moving average price is $728.44 and its 200-day moving average price is $861.96. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market capitalization of $282.50 billion, a PE ratio of 37.59, a price-to-earnings-growth ratio of 2.06 and a beta of 1.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The business had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, equities research analysts predict that ASML Holding will post 20.68 EPS for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.78%. ASML’s payout ratio is 29.21%.

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.