ANB Bank Buys Shares of 994 ASML Holding N.V. $ASML

ANB Bank purchased a new position in ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 994 shares of the semiconductor company’s stock, valued at approximately $797,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. bought a new stake in ASML in the first quarter worth $360,262,000. Invesco Ltd. increased its holdings in shares of ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Amundi raised its position in shares of ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after purchasing an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. boosted its stake in ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after purchasing an additional 268,172 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in ASML by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after purchasing an additional 199,740 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.3%

ASML opened at $1,006.98 on Friday. The stock has a market capitalization of $396.03 billion, a price-to-earnings ratio of 40.98, a PEG ratio of 1.76 and a beta of 1.88. The firm has a 50 day moving average price of $980.23 and a 200-day moving average price of $829.55. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio is presently 25.76%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Wells Fargo & Company increased their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Friday, October 10th. Morningstar cut ASML to a “hold” rating in a research report on Thursday, September 18th. Finally, Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,076.33.

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.