Greenwich Wealth Management LLC Buys 62 Shares of ASML Holding (NASDAQ:ASML)

Greenwich Wealth Management LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 621 shares of the semiconductor company’s stock after buying an additional 62 shares during the period. Greenwich Wealth Management LLC’s holdings in ASML were worth $635,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Aveo Capital Partners LLC boosted its stake in shares of ASML by 25.7% during the fourth quarter. Aveo Capital Partners LLC now owns 636 shares of the semiconductor company’s stock valued at $481,000 after purchasing an additional 130 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in ASML by 16.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,168 shares of the semiconductor company’s stock worth $28,133,000 after acquiring an additional 5,297 shares during the last quarter. Beacon Pointe Advisors LLC raised its stake in shares of ASML by 22.1% during the fourth quarter. Beacon Pointe Advisors LLC now owns 2,050 shares of the semiconductor company’s stock valued at $1,552,000 after acquiring an additional 371 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of ASML by 27.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,365 shares of the semiconductor company’s stock worth $1,033,000 after purchasing an additional 297 shares during the period. Finally, NorthRock Partners LLC bought a new stake in shares of ASML in the fourth quarter worth $311,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 2.0 %

Shares of NASDAQ ASML opened at $816.36 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The firm has a market cap of $322.13 billion, a PE ratio of 41.69, a P/E/G ratio of 1.96 and a beta of 1.49. The company’s fifty day simple moving average is $898.19 and its 200 day simple moving average is $945.50. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.37 EPS. As a group, sell-side analysts forecast that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were issued a dividend of $1.8732 per share. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.92%. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio is 28.50%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Susquehanna raised 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. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Wells Fargo & Company upped 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. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

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.