E Fund Management Hong Kong Co. Ltd. Acquires 540 Shares of ASML Holding N.V. $ASML

E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 1,862.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 569 shares of the semiconductor company’s stock after buying an additional 540 shares during the period. E Fund Management Hong Kong Co. Ltd.’s holdings in ASML were worth $551,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ASML. HBK Sorce Advisory LLC raised its holdings in shares of ASML by 1.0% in the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after acquiring an additional 10 shares during the last quarter. Albion Financial Group UT increased its holdings in ASML by 27.8% during the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 10 shares in the last quarter. Western Pacific Wealth Management LP raised its stake in shares of ASML by 4.9% in the third quarter. Western Pacific Wealth Management LP now owns 235 shares of the semiconductor company’s stock worth $228,000 after purchasing an additional 11 shares during the last quarter. Wealth Quarterback LLC lifted its holdings in shares of ASML by 0.8% in the third quarter. Wealth Quarterback LLC now owns 1,527 shares of the semiconductor company’s stock valued at $1,478,000 after purchasing an additional 12 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in shares of ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after buying an additional 13 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ASML shares. Evercore ISI reissued an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Sanford C. Bernstein upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday. Erste Group Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Berenberg Bank restated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,270.67.

Check Out Our Latest Stock Report on ASML

ASML Price Performance

ASML stock opened at $1,242.19 on Wednesday. The business’s 50 day simple moving average is $1,065.26 and its 200 day simple moving average is $917.00. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,246.38. The company has a market cap of $488.53 billion, a price-to-earnings ratio of 50.56, a PEG ratio of 1.83 and a beta of 1.86. 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 (NASDAQ:ASMLGet Free Report) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The firm 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%.The business’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company posted $5.28 earnings per share. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm 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. This is a boost from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is 25.80%.

Key ASML News

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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