ASML Holding (NASDAQ:ASML) Shares Bought by Bank Hapoalim BM

Bank Hapoalim BM grew its stake in ASML Holding (NASDAQ:ASML) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,266 shares of the semiconductor company’s stock after buying an additional 74 shares during the quarter. Bank Hapoalim BM’s holdings in ASML were worth $1,888,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ASML. Financial Advocates Investment Management lifted its stake in ASML by 8.6% in the third quarter. Financial Advocates Investment Management now owns 3,181 shares of the semiconductor company’s stock worth $2,650,000 after acquiring an additional 251 shares during the last quarter. Solidarity Wealth LLC raised its holdings in shares of ASML by 15.7% in the 3rd quarter. Solidarity Wealth LLC now owns 7,079 shares of the semiconductor company’s stock valued at $5,899,000 after purchasing an additional 962 shares in the last quarter. Tandem Capital Management Corp ADV purchased a new stake in shares of ASML during the 3rd quarter worth $337,000. SteelPeak Wealth LLC lifted its position in shares of ASML by 15.9% during the 3rd quarter. SteelPeak Wealth LLC now owns 3,877 shares of the semiconductor company’s stock worth $3,231,000 after purchasing an additional 531 shares during the last quarter. Finally, Diversify Wealth Management LLC grew its stake in shares of ASML by 27.6% during the third quarter. Diversify Wealth Management LLC now owns 1,900 shares of the semiconductor company’s stock worth $1,583,000 after purchasing an additional 411 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on ASML shares. JPMorgan Chase & Co. decreased their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Sanford C. Bernstein reduced their price objective on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. Susquehanna lowered their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Wells Fargo & Company cut their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $970.60.

ASML Price Performance

ASML stock opened at $676.61 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The company has a market cap of $266.19 billion, a price-to-earnings ratio of 35.80, a PEG ratio of 2.08 and a beta of 1.48. ASML Holding has a 1 year low of $593.56 and a 1 year high of $1,110.09. The firm has a 50 day moving average price of $802.87 and a 200 day moving average price of $901.15.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be given a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 29.42%.

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.