ASML Holding (NASDAQ:ASML) Shares Bought by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC grew its stake in shares of ASML Holding (NASDAQ:ASML) by 14.5% during the third quarter, HoldingsChannel reports. The firm owned 2,046 shares of the semiconductor company’s stock after buying an additional 259 shares during the period. Valeo Financial Advisors LLC’s holdings in ASML were worth $1,705,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. MADDEN SECURITIES Corp lifted its stake in shares of ASML by 6.5% in the third quarter. MADDEN SECURITIES Corp now owns 4,395 shares of the semiconductor company’s stock worth $3,662,000 after acquiring an additional 270 shares in the last quarter. Nvest Financial LLC lifted its stake in shares of ASML by 80.4% in the third quarter. Nvest Financial LLC now owns 745 shares of the semiconductor company’s stock worth $620,000 after acquiring an additional 332 shares in the last quarter. JGP Wealth Management LLC lifted its stake in shares of ASML by 4.7% in the third quarter. JGP Wealth Management LLC now owns 378 shares of the semiconductor company’s stock worth $315,000 after acquiring an additional 17 shares in the last quarter. ORBA Wealth Advisors L.L.C. lifted its stake in shares of ASML by 3.0% in the third quarter. ORBA Wealth Advisors L.L.C. now owns 618 shares of the semiconductor company’s stock worth $515,000 after acquiring an additional 18 shares in the last quarter. Finally, Independence Bank of Kentucky lifted its stake in shares of ASML by 42.8% in the third quarter. Independence Bank of Kentucky now owns 1,899 shares of the semiconductor company’s stock worth $1,582,000 after acquiring an additional 569 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on ASML. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price target on ASML from $1,202.00 to $1,207.00 and gave the stock an “overweight” rating in a research note on Wednesday. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Finally, UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,071.80.

ASML Stock Up 0.8 %

NASDAQ:ASML opened at $840.69 on Friday. The firm has a market capitalization of $330.74 billion, a PE ratio of 45.37, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48. The stock has a 50 day moving average of $844.97 and a 200-day moving average of $924.27. ASML Holding has a 52 week low of $573.86 and a 52 week high of $1,110.09. 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 (NASDAQ:ASML) last posted its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business’s revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $5.37 earnings per share. Analysts predict that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were issued a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a yield of 0.89%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is 30.17%.

ASML Profile

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.