Asio Capital LLC Raises Stock Position in ASML Holding N.V. $ASML

Asio Capital LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 9.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,669 shares of the semiconductor company’s stock after purchasing an additional 632 shares during the period. ASML accounts for 1.1% of Asio Capital LLC’s holdings, making the stock its 27th biggest position. Asio Capital LLC’s holdings in ASML were worth $7,424,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. HBK Sorce Advisory LLC lifted its position in shares of ASML by 1.0% in the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after acquiring an additional 10 shares in the last quarter. UMB Bank n.a. grew its position in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares in the last quarter. Baring Financial LLC increased its holdings in shares of ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after purchasing an additional 14 shares during the last quarter. Putney Financial Group LLC raised its holdings in shares of ASML by 39.5% during the 2nd quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 15 shares during the period. Finally, Quintet Private Bank Europe S.A. raised its stake in ASML by 4.9% during the third quarter. Quintet Private Bank Europe S.A. now owns 320 shares of the semiconductor company’s stock worth $310,000 after purchasing an additional 15 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ASML. Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Bank of America raised their target price on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Barclays reiterated a “neutral” rating on shares of ASML in a report on Wednesday, December 17th. HSBC reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 17th. Finally, Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,171.83.

ASML Trading Up 0.2%

NASDAQ:ASML opened at $1,064.39 on Friday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72. The firm has a market cap of $418.60 billion, a PE ratio of 43.32, a price-to-earnings-growth ratio of 1.65 and a beta of 1.87. 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 fifty day moving average price of $1,051.36 and a 200 day moving average price of $895.35.

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio is presently 25.80%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.