Signaturefd LLC Purchases 221 Shares of ASML Holding (NASDAQ:ASML)

Signaturefd LLC increased its position in shares of ASML Holding (NASDAQ:ASML) by 3.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 7,021 shares of the semiconductor company’s stock after buying an additional 221 shares during the period. Signaturefd LLC’s holdings in ASML were worth $7,181,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Jennison Associates LLC increased its stake in ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after purchasing an additional 572,996 shares in the last quarter. Fayez Sarofim & Co bought a new stake in ASML in the first quarter valued at $542,710,000. GQG Partners LLC increased its stake in ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after purchasing an additional 294,784 shares in the last quarter. 1832 Asset Management L.P. increased its stake in ASML by 11,084.1% in the first quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company’s stock valued at $238,784,000 after purchasing an additional 243,850 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in ASML by 35.6% in the fourth quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock valued at $587,951,000 after purchasing an additional 203,860 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ASML. Wells Fargo & Company lifted their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Susquehanna lifted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Finally, Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Stock Up 1.8 %

ASML stock traded up $16.16 during trading on Friday, reaching $903.87. The stock had a trading volume of 990,879 shares, compared to its average volume of 1,220,126. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09. 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 company’s 50 day moving average is $948.13 and its two-hundred day moving average is $954.21. The company has a market capitalization of $356.66 billion, a price-to-earnings ratio of 46.16, a P/E/G ratio of 1.87 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. During the same period in the prior year, the firm posted $5.37 EPS. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. Equities research analysts forecast that ASML Holding will post 20.3 EPS for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a dividend of $1.8732 per share. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is currently 28.50%.

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.