Country Club Bank Boosts Stock Position in ASML Holding N.V. $ASML

Country Club Bank increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 47.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,818 shares of the semiconductor company’s stock after purchasing an additional 1,229 shares during the quarter. Country Club Bank’s holdings in ASML were worth $3,675,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Sendero Wealth Management LLC boosted its stake in ASML by 19.1% in the 3rd quarter. Sendero Wealth Management LLC now owns 1,931 shares of the semiconductor company’s stock worth $1,869,000 after purchasing an additional 309 shares during the period. Veracity Capital LLC lifted its holdings in shares of ASML by 22.7% in the third quarter. Veracity Capital LLC now owns 768 shares of the semiconductor company’s stock worth $744,000 after buying an additional 142 shares in the last quarter. Orser Capital Management LLC bought a new position in shares of ASML in the third quarter valued at approximately $1,487,000. McLean Asset Management Corp grew its stake in ASML by 4.7% during the third quarter. McLean Asset Management Corp now owns 539 shares of the semiconductor company’s stock valued at $562,000 after acquiring an additional 24 shares in the last quarter. Finally, Defined Wealth Management LLC increased its holdings in ASML by 4.5% during the 3rd quarter. Defined Wealth Management LLC now owns 694 shares of the semiconductor company’s stock worth $672,000 after acquiring an additional 30 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on ASML shares. Arete Research raised shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Redburn Partners set a $1,200.00 target price on ASML in a research report on Friday, November 7th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Wells Fargo & Company raised their target price on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Price Performance

ASML opened at $1,015.43 on Thursday. 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 stock has a market capitalization of $399.35 billion, a P/E ratio of 41.33, a PEG ratio of 1.67 and a beta of 1.87. The stock has a 50-day moving average price of $1,042.84 and a 200-day moving average price of $883.42. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72.

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

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 25.80%.

About ASML

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.