Campbell Capital Management Inc. Invests $3.61 Million in ASML Holding N.V. $ASML

Campbell Capital Management Inc. purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,500 shares of the semiconductor company’s stock, valued at approximately $3,606,000. ASML comprises approximately 1.4% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 21st largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Princeton Global Asset Management LLC boosted its stake in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 20 shares during the period. Binnacle Investments Inc raised its stake in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in ASML in the second quarter worth approximately $30,000. Washington Trust Advisors Inc. lifted its stake in ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 22 shares in the last quarter. Finally, Maseco LLP purchased a new position in shares of ASML during the second quarter valued at $32,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Wells Fargo & Company raised 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. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Morgan Stanley upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Finally, Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Stock Performance

NASDAQ ASML opened at $1,080.85 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a market cap of $425.08 billion, a PE ratio of 43.99, a PEG ratio of 1.68 and a beta of 1.87. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72. The firm’s fifty day moving average price is $1,039.93 and its two-hundred day moving average price is $876.75.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm had revenue of $8.80 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the previous year, the business earned $5.28 EPS. The business’s quarterly revenue was up .7% compared to the same quarter last year. On average, equities analysts expect 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 issued a dividend of $1.857 per share. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is presently 25.80%.

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.