Caprock Group LLC Has $4.95 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Caprock Group LLC raised its position in shares of ASML Holding (NASDAQ:ASML) by 58.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,843 shares of the semiconductor company’s stock after purchasing an additional 1,793 shares during the period. Caprock Group LLC’s holdings in ASML were worth $4,953,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ASML. Salem Investment Counselors Inc. raised its position in ASML by 41.1% during the first quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock valued at $3,355,000 after acquiring an additional 1,007 shares in the last quarter. Beacon Pointe Advisors LLC raised its holdings in shares of ASML by 22.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 2,050 shares of the semiconductor company’s stock valued at $1,552,000 after purchasing an additional 371 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of ASML by 169.4% during the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock valued at $22,661,000 after purchasing an additional 14,682 shares in the last quarter. Burford Brothers Inc. acquired a new stake in shares of ASML in the 4th quarter valued at $761,000. Finally, Montag A & Associates Inc. boosted its holdings in ASML by 25,520.0% in the first quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock worth $1,243,000 after purchasing an additional 1,276 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Down 5.4 %

ASML opened at $752.79 on Friday. The business has a 50 day moving average of $925.80 and a 200-day moving average of $950.80. The stock has a market capitalization of $297.04 billion, a price-to-earnings ratio of 38.45, a P/E/G ratio of 1.91 and a beta of 1.49. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. During the same period in the prior year, the firm earned $5.37 EPS. The business’s revenue was down 9.5% on a year-over-year basis. As a group, sell-side analysts anticipate that ASML Holding will post 20.3 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a yield of 1.00%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s payout ratio is currently 28.50%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASML. Wells Fargo & Company raised their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Susquehanna upped their target price on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Finally, UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

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.