ASML Holding (NASDAQ:ASML) Shares Bought by Financial Counselors Inc.

Financial Counselors Inc. boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 0.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,622 shares of the semiconductor company’s stock after purchasing an additional 38 shares during the period. Financial Counselors Inc.’s holdings in ASML were worth $5,518,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Zurcher Kantonalbank Zurich Cantonalbank raised its position in ASML by 56.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 565 shares of the semiconductor company’s stock valued at $471,000 after acquiring an additional 205 shares in the last quarter. Fiduciary Trust Co grew its stake in shares of ASML by 1.6% during the 3rd quarter. Fiduciary Trust Co now owns 2,542 shares of the semiconductor company’s stock worth $2,118,000 after purchasing an additional 40 shares during the period. Boussard & Gavaudan Investment Management LLP purchased a new position in shares of ASML during the 3rd quarter valued at approximately $220,000. MayTech Global Investments LLC lifted its stake in shares of ASML by 14.7% in the 3rd quarter. MayTech Global Investments LLC now owns 32,050 shares of the semiconductor company’s stock valued at $26,706,000 after purchasing an additional 4,102 shares during the period. Finally, CreativeOne Wealth LLC boosted its holdings in ASML by 85.4% during the third quarter. CreativeOne Wealth LLC now owns 1,370 shares of the semiconductor company’s stock worth $1,141,000 after buying an additional 631 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $670.48 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm has a market capitalization of $263.78 billion, a PE ratio of 35.10, a P/E/G ratio of 1.99 and a beta of 1.51. The business’s 50 day moving average price is $734.37 and its 200-day moving average price is $867.34.

ASML (NASDAQ:ASML) last announced its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, equities research analysts expect that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were paid a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.84%. ASML’s dividend payout ratio is presently 29.21%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Susquehanna cut their price objective 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. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein reduced their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Company 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.