Orser Capital Management LLC Buys Shares of 1,554 ASML Holding N.V. $ASML

Orser Capital Management LLC purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,554 shares of the semiconductor company’s stock, valued at approximately $3,092,000. ASML makes up 1.6% of Orser Capital Management LLC’s holdings, making the stock its 18th largest holding.

A number of other large investors also recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new stake in ASML during the 4th quarter worth $26,000. Binnacle Investments Inc boosted its stake in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV grew its holdings in shares of ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares during the last quarter. North Star Investment Management Corp. grew its holdings in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in shares of ASML in the fourth quarter valued at approximately $30,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 1.6%

ASML stock opened at $1,704.37 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a 52-week low of $706.61 and a 52-week high of $1,999.96. The firm has a 50 day moving average price of $1,767.57 and a two-hundred day moving average price of $1,550.38. The firm has a market cap of $670.29 billion, a price-to-earnings ratio of 53.03, a PEG ratio of 0.84 and a beta of 1.79.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.64 billion for the quarter. Equities analysts predict that ASML Holding N.V. will post 44.68 EPS for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a $2.1507 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s payout ratio is presently 22.62%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Argus set a $2,100.00 price objective on shares of ASML in a report on Thursday, July 16th. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Barclays reiterated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Finally, Bank of America increased their price objective on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Profile

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.