Advisory Services Network LLC Has $3.52 Million Stake in ASML Holding N.V. $ASML

Advisory Services Network LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 76.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,392 shares of the semiconductor company’s stock after acquiring an additional 1,904 shares during the period. Advisory Services Network LLC’s holdings in ASML were worth $3,520,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in ASML. Princeton Global Asset Management LLC raised its position in shares of 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 purchasing an additional 20 shares during the period. Binnacle Investments Inc grew its stake in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in ASML in the 2nd quarter valued at about $30,000. Washington Trust Advisors Inc. raised its holdings in ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 22 shares during the period. Finally, Maseco LLP acquired a new stake in ASML during the second quarter worth approximately $32,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,076.05 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The company has a market cap of $423.19 billion, a PE ratio of 43.80, a price-to-earnings-growth ratio of 1.69 and a beta of 1.87. The company has a 50 day moving average of $1,042.29 and a 200-day moving average of $882.49. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,141.72.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share 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 business had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the company earned $5.28 EPS. ASML’s revenue for the quarter was up .7% on a year-over-year basis. As a group, equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given 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 boost from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is currently 25.80%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ASML. Arete Research upgraded ASML to a “strong-buy” rating in a research note on Friday, September 12th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Friday, October 10th. Hsbc Global Res raised ASML to a “strong-buy” rating in a report on Monday, October 6th. Evercore ISI restated an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Finally, Bank of America raised their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,171.83.

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.