Chilton Capital Management LLC acquired a new position in ASML Holding N.V. (NASDAQ:ASML – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 127 shares of the semiconductor company’s stock, valued at approximately $102,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Resonant Capital Advisors LLC grew its stake in shares of ASML by 25.3% in the second quarter. Resonant Capital Advisors LLC now owns 1,049 shares of the semiconductor company’s stock worth $841,000 after purchasing an additional 212 shares in the last quarter. New Hampshire Trust raised its stake in shares of ASML by 14.1% during the second quarter. New Hampshire Trust now owns 438 shares of the semiconductor company’s stock valued at $351,000 after purchasing an additional 54 shares in the last quarter. Topsail Wealth Management LLC acquired a new stake in ASML in the second quarter worth about $236,000. Interchange Capital Partners LLC grew its position in ASML by 60.0% in the 2nd quarter. Interchange Capital Partners LLC now owns 923 shares of the semiconductor company’s stock valued at $739,000 after buying an additional 346 shares in the last quarter. Finally, Heirloom Wealth Management increased its stake in ASML by 0.7% during the 2nd quarter. Heirloom Wealth Management now owns 23,213 shares of the semiconductor company’s stock valued at $18,603,000 after buying an additional 171 shares during the period. Institutional investors own 26.07% of the company’s stock.
Analyst Upgrades and Downgrades
ASML has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Morningstar cut ASML to a “hold” rating in a report on Thursday, September 18th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Finally, DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.
ASML Price Performance
Shares of NASDAQ:ASML opened at $1,033.10 on Monday. The company has a market capitalization of $406.30 billion, a PE ratio of 42.05, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a fifty day moving average of $892.92 and a 200-day moving average of $789.40. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,059.00.
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the previous year, the firm posted $5.28 EPS. The company’s quarterly revenue was up .7% on a year-over-year basis. As a group, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be paid 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 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s payout ratio is currently 25.56%.
ASML Company 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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