DE Burlo Group Inc. Has $30.93 Million Position in ASML Holding (NASDAQ:ASML)

DE Burlo Group Inc. reduced its stake in ASML Holding (NASDAQ:ASML) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,245 shares of the semiconductor company’s stock after selling 120 shares during the period. ASML makes up approximately 4.2% of DE Burlo Group Inc.’s holdings, making the stock its 8th largest holding. DE Burlo Group Inc.’s holdings in ASML were worth $30,932,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Resources Management Corp CT ADV bought a new position in shares of ASML in the second quarter valued at approximately $26,000. American Capital Advisory LLC acquired a new position in ASML in the first quarter worth $26,000. WD Rutherford LLC bought a new stake in shares of ASML during the first quarter worth $29,000. Triad Wealth Partners LLC bought a new position in shares of ASML in the second quarter valued at about $31,000. Finally, First Community Trust NA acquired a new position in ASML during the 2nd quarter worth about $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 0.5 %

NASDAQ:ASML opened at $818.18 on Thursday. The stock has a market cap of $321.89 billion, a price-to-earnings ratio of 41.79, a PEG ratio of 1.97 and a beta of 1.49. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The stock has a 50-day moving average price of $860.62 and a two-hundred day moving average price of $936.22. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period last year, the company posted $5.37 EPS. As a group, equities analysts expect that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a $1.8732 dividend. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.92%. ASML’s payout ratio is presently 28.55%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ASML. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Wells Fargo & Company boosted their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Susquehanna boosted their price objective on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

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.