Winch Advisory Services LLC Buys 79 Shares of ASML Holding (NASDAQ:ASML)

Winch Advisory Services LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 48.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 241 shares of the semiconductor company’s stock after acquiring an additional 79 shares during the period. Winch Advisory Services LLC’s holdings in ASML were worth $201,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. KP Management LLC lifted its stake in ASML by 66.7% in the second quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock worth $5,114,000 after purchasing an additional 2,000 shares during the last quarter. Harvard Management Co. Inc. lifted its stake in ASML by 239.8% in the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after purchasing an additional 66,000 shares during the last quarter. Point72 DIFC Ltd lifted its stake in ASML by 122.1% in the second quarter. Point72 DIFC Ltd now owns 6,415 shares of the semiconductor company’s stock worth $6,560,000 after purchasing an additional 3,527 shares during the last quarter. Cetera Investment Advisers lifted its stake in ASML by 169.4% in the first quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after purchasing an additional 14,682 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its stake 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 during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $714.10 on Tuesday. ASML Holding has a 1 year low of $573.86 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The company’s 50-day moving average is $831.66 and its 200 day moving average is $913.99. The stock has a market capitalization of $281.78 billion, a P/E ratio of 36.47, a P/E/G ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 17th. Investors of record on Tuesday, October 29th will be given a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s dividend payout ratio is currently 28.70%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASML. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Wells Fargo & Company decreased their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, Sanford C. Bernstein decreased their price objective on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

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.