Baltimore Washington Financial Advisors Inc. Invests $6.66 Million in ASML Holding N.V. $ASML

Baltimore Washington Financial Advisors Inc. bought a new stake in ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,311 shares of the semiconductor company’s stock, valued at approximately $6,660,000.

A number of other large investors have also recently bought and sold shares of ASML. Daymark Wealth Partners LLC grew its position in shares of ASML by 25.3% in the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after purchasing an additional 941 shares during the period. Acadian Asset Management LLC boosted its stake in ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock worth $101,978,000 after buying an additional 76,023 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in ASML by 6.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock valued at $15,153,000 after buying an additional 1,225 shares during the period. Soltis Investment Advisors LLC increased its stake in shares of ASML by 67.9% during the 2nd quarter. Soltis Investment Advisors LLC now owns 4,199 shares of the semiconductor company’s stock valued at $3,365,000 after acquiring an additional 1,698 shares during the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in shares of ASML by 115.9% during the 2nd quarter. Prospera Financial Services Inc now owns 5,144 shares of the semiconductor company’s stock worth $4,125,000 after acquiring an additional 2,761 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of recent analyst reports. Redburn Partners set a $1,200.00 target price on shares of ASML in a report on Friday, November 7th. Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. New Street Research reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Sanford C. Bernstein reiterated a “market perform” rating on shares of ASML in a report on Wednesday, October 29th. Finally, Susquehanna upped their price target on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,076.33.

ASML Stock Up 3.8%

Shares of NASDAQ ASML opened at $1,040.97 on Thursday. The stock has a fifty day moving average price of $1,008.48 and a 200 day moving average price of $847.30. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,086.11. The company has a market cap of $409.40 billion, a P/E ratio of 42.37, a P/E/G ratio of 1.76 and a beta of 1.88.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.80 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the firm posted $5.28 earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. Research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

ASML 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.