Anchor Investment Management LLC Buys 154 Shares of ASML Holding (NASDAQ:ASML)

Anchor Investment Management LLC raised its stake in ASML Holding (NASDAQ:ASML) by 12.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,375 shares of the semiconductor company’s stock after purchasing an additional 154 shares during the quarter. Anchor Investment Management LLC’s holdings in ASML were worth $1,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Pacific Financial lifted its position in ASML by 1.1% in the second quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after purchasing an additional 12 shares during the last quarter. Pure Financial Advisors LLC increased its stake in shares of ASML by 2.8% during the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after buying an additional 12 shares during the period. RMR Wealth Builders increased its stake in shares of ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock valued at $2,162,000 after buying an additional 12 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of ASML by 1.4% during the second quarter. Ameritas Advisory Services LLC now owns 844 shares of the semiconductor company’s stock valued at $863,000 after buying an additional 12 shares during the period. Finally, Armstrong Advisory Group Inc. increased its stake in shares of ASML by 24.5% during the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 12 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several research analyst reports. JPMorgan Chase & Co. reduced their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Wells Fargo & Company reduced their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Finally, Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $943.83.

ASML Trading Down 0.2 %

NASDAQ ASML opened at $713.10 on Friday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market cap of $280.55 billion, a P/E ratio of 37.43, a P/E/G ratio of 2.06 and a beta of 1.49. The stock’s fifty day moving average price is $713.77 and its 200-day moving average price is $853.06. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The firm had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. As a group, equities analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Tuesday, October 29th. ASML’s payout ratio is currently 29.21%.

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.