542 Shares in ASML Holding (NASDAQ:ASML) Acquired by Aspen Wealth Strategies LLC

Aspen Wealth Strategies LLC bought a new position in shares of ASML Holding (NASDAQ:ASML) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 542 shares of the semiconductor company’s stock, valued at approximately $452,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV increased its position in shares of ASML by 4,379.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares in the last quarter. Jennison Associates LLC grew its stake in ASML by 50.0% during the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after buying an additional 572,996 shares during the last quarter. Fayez Sarofim & Co acquired a new position in ASML during the 1st quarter valued at about $542,710,000. International Assets Investment Management LLC raised its stake in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after buying an additional 491,096 shares during the last quarter. Finally, GQG Partners LLC boosted its holdings in ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after acquiring an additional 294,784 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ASML shares. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Finally, Susquehanna reduced their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Stock Performance

Shares of NASDAQ ASML opened at $672.55 on Friday. ASML Holding has a 1 year low of $593.56 and a 1 year high of $1,110.09. 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’s fifty day moving average price is $798.17 and its 200 day moving average price is $899.57. The company has a market capitalization of $264.60 billion, a PE ratio of 35.21, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th will be given a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 29.42%.

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.