Account Management LLC lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,900 shares of the semiconductor company’s stock after acquiring an additional 150 shares during the quarter. ASML accounts for about 7.8% of Account Management LLC’s investment portfolio, making the stock its 4th biggest position. Account Management LLC’s holdings in ASML were worth $7,132,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Putney Financial Group LLC grew its stake in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in ASML in the first quarter worth about $27,000. Maseco LLP acquired a new position in ASML in the second quarter worth about $32,000. Knuff & Co LLC acquired a new position in ASML in the first quarter worth about $33,000. Finally, Wayfinding Financial LLC acquired a new position in ASML in the first quarter worth about $35,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Stock Performance
Shares of ASML stock opened at $987.81 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average of $823.41 and a two-hundred day moving average of $758.90. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,059.00. The company has a market cap of $388.62 billion, a P/E ratio of 41.23, a PEG ratio of 1.69 and a beta of 1.87.
ASML Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is a boost from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, July 29th. ASML’s payout ratio is presently 26.21%.
Analysts Set New Price Targets
A number of equities analysts recently commented on ASML shares. Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a research note on Tuesday, September 30th. Wells Fargo & Company lifted their price target on ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. UBS Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, October 1st. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Finally, Arete Research upgraded ASML to a “strong-buy” rating in a research note on Friday, September 12th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $938.80.
Check Out Our Latest Research Report on ASML
ASML 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.
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