OneDigital Investment Advisors LLC Decreases Stock Holdings in ASML Holding N.V. $ASML

OneDigital Investment Advisors LLC reduced its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 13.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,556 shares of the semiconductor company’s stock after selling 394 shares during the period. OneDigital Investment Advisors LLC’s holdings in ASML were worth $5,085,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ASML. Cornerstone Financial Management LLC purchased a new stake in ASML in the 4th quarter worth approximately $26,000. Portus Wealth Advisors LLC bought a new stake in shares of ASML during the 1st quarter valued at about $32,000. Resources Management Corp CT ADV boosted its stake in shares of 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 purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. increased its position in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the period. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML during the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,802.98 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The firm has a 50 day moving average price of $1,784.83 and a 200-day moving average price of $1,573.92. ASML Holding N.V. has a 52-week low of $716.20 and a 52-week high of $1,999.96. The firm has a market capitalization of $709.08 billion, a price-to-earnings ratio of 56.10, a PEG ratio of 0.92 and a beta of 1.79.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion for the quarter. Equities research analysts forecast that ASML Holding N.V. will post 44.85 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio is 22.62%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Wells Fargo & Company upped their price target on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Finally, Sanford C. Bernstein upped their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

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.