Moore Capital Management LP Purchases 906 Shares of ASML Holding N.V. $ASML

Moore Capital Management LP raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 82.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,000 shares of the semiconductor company’s stock after acquiring an additional 906 shares during the quarter. Moore Capital Management LP’s holdings in ASML were worth $3,979,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Capstone Wealth Management Group LLC raised its position in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after buying an additional 124 shares during the last quarter. AQR Capital Management LLC grew its stake in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after acquiring an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after acquiring an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after purchasing an additional 559 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

NASDAQ:ASML opened at $1,696.01 on Tuesday. The firm has a market capitalization of $667.01 billion, a price-to-earnings ratio of 52.77, a PEG ratio of 0.84 and a beta of 1.79. ASML Holding N.V. has a 1 year low of $716.20 and a 1 year high of $1,999.96. The business has a 50 day simple moving average of $1,760.29 and a 200-day simple moving average of $1,594.78. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80.

ASML (NASDAQ:ASML) last released its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The firm had revenue of $10.62 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. Equities analysts forecast that ASML Holding N.V. will post 44.99 EPS for the current year.

ASML Cuts Dividend

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on ASML. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Wells Fargo & Company increased their price target on ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Bank of America upped their price objective on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Friday, July 10th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price 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.