Natural Investments LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 35.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,950 shares of the semiconductor company’s stock after selling 1,086 shares during the period. ASML makes up about 0.9% of Natural Investments LLC’s holdings, making the stock its 22nd biggest position. Natural Investments LLC’s holdings in ASML were worth $3,879,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Cornerstone Financial Management LLC bought a new position in ASML in the 4th quarter worth approximately $26,000. Binnacle Investments Inc raised its holdings in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV raised its holdings in ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. Field & Main Bank purchased a new stake in shares of ASML during the second quarter worth $30,000. Finally, Jessup Wealth Management Inc purchased a new stake in shares of ASML during the fourth quarter worth $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Price Performance
Shares of NASDAQ:ASML opened at $1,665.14 on Wednesday. The company’s fifty day moving average price is $1,758.02 and its 200-day moving average price is $1,596.40. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The firm has a market capitalization of $654.87 billion, a price-to-earnings ratio of 51.81, a PEG ratio of 0.84 and a beta of 1.79. ASML Holding N.V. has a one year low of $716.20 and a one year high of $1,999.96.
ASML Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is presently 22.62%.
Analysts Set New Price Targets
ASML has been the subject of several recent research reports. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. Royal Bank Of Canada raised their target price on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Finally, Bank of America upped their price target on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.
Check Out Our Latest Stock Report on ASML
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.
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