Marks Group Wealth Management Inc Has $2.05 Million Stake in ASML Holding N.V. $ASML

Marks Group Wealth Management Inc grew its position in ASML Holding N.V. (NASDAQ:ASML) by 21.0% during the third quarter, HoldingsChannel reports. The firm owned 2,121 shares of the semiconductor company’s stock after buying an additional 368 shares during the period. Marks Group Wealth Management Inc’s holdings in ASML were worth $2,053,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. HBK Sorce Advisory LLC boosted its position in ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after acquiring an additional 10 shares during the last quarter. Albion Financial Group UT raised its position in shares of ASML by 27.8% in the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 10 shares in the last quarter. Global Assets Advisory LLC lifted its stake in shares of ASML by 2.3% in the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock valued at $438,000 after purchasing an additional 10 shares during the period. State of Wyoming boosted its position in shares of ASML by 4.2% during the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company’s stock valued at $239,000 after purchasing an additional 10 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its stake in ASML by 3.0% during the third quarter. Wealthcare Advisory Partners LLC now owns 345 shares of the semiconductor company’s stock worth $334,000 after purchasing an additional 10 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $1,469.59 on Monday. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $1,279.18 and a two-hundred day simple moving average of $1,060.76. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,493.47. The firm has a market capitalization of $577.96 billion, a PE ratio of 56.92, a price-to-earnings-growth ratio of 1.67 and a beta of 1.89.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be issued a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is currently 25.10%.

Analysts Set New Price Targets

Several brokerages have issued reports on ASML. Sanford C. Bernstein set a $1,911.00 price target on ASML in a research note on Thursday, January 29th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Monday, February 2nd. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, January 28th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a report on Tuesday, December 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,475.00.

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.