KDT Advisors LLC Invests $334,000 in ASML Holding N.V. $ASML

KDT Advisors LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 418 shares of the semiconductor company’s stock, valued at approximately $334,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Princeton Global Asset Management LLC raised its position in shares of ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. Washington Trust Advisors Inc. grew its stake in ASML by 129.4% in the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares in the last quarter. Maseco LLP acquired a new position in ASML in the second quarter worth about $32,000. Banque Cantonale Vaudoise acquired a new stake in shares of ASML during the first quarter worth $27,000. Finally, Costello Asset Management INC raised its holdings in shares of ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 25 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Down 1.5%

Shares of ASML stock opened at $1,059.23 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The firm has a market cap of $416.58 billion, a price-to-earnings ratio of 43.11, a P/E/G ratio of 1.76 and a beta of 1.87. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,086.11. The stock has a 50-day simple moving average of $924.66 and a 200-day simple moving average of $804.27.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $5.28 earnings per share. On average, equities research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a $1.857 dividend. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s dividend payout ratio is presently 25.76%.

Wall Street Analyst Weigh In

ASML has been the topic of several recent analyst reports. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Tuesday, October 7th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Finally, Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,051.60.

About ASML

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.