Virtu Financial LLC Takes $4.94 Million Position in ASML Holding (NASDAQ:ASML)

Virtu Financial LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,828 shares of the semiconductor company’s stock, valued at approximately $4,937,000.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. American Capital Advisory LLC bought a new stake in shares of ASML during the first quarter valued at approximately $26,000. WD Rutherford LLC acquired a new position in ASML during the 1st quarter worth $29,000. Triad Wealth Partners LLC bought a new position in ASML in the 2nd quarter valued at $31,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of ASML in the 4th quarter valued at $34,000. Finally, First Community Trust NA bought a new stake in shares of ASML during the second quarter worth $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $803.04 on Tuesday. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,110.09. The business’s 50-day moving average price is $892.70 and its two-hundred day moving average price is $944.45. The firm has a market cap of $316.87 billion, a PE ratio of 41.01, a P/E/G ratio of 1.96 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 (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6 billion. During the same quarter in the prior year, the company earned $5.37 earnings per share. The business’s quarterly revenue was down 9.5% compared to the same quarter last year. As a group, research analysts forecast that ASML Holding will post 20.38 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. Shareholders of record on Monday, July 29th were paid a $1.8732 dividend. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a dividend yield of 0.93%. ASML’s dividend payout ratio (DPR) is currently 28.50%.

Wall Street Analyst Weigh In

ASML has been the topic of several recent research reports. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Susquehanna lifted their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. Wells Fargo & Company increased their price objective on shares of 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. increased their price target on 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 investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.