OneDigital Investment Advisors LLC increased its position in shares of ASML Holding (NASDAQ:ASML – Free Report) by 15.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,025 shares of the semiconductor company’s stock after purchasing an additional 945 shares during the period. OneDigital Investment Advisors LLC’s holdings in ASML were worth $5,854,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the business. Curi RMB Capital LLC increased its holdings in shares of ASML by 6.9% in the 3rd quarter. Curi RMB Capital LLC now owns 326 shares of the semiconductor company’s stock valued at $272,000 after acquiring an additional 21 shares during the last quarter. Zions Bancorporation N.A. increased its stake in ASML by 30.0% in the third quarter. Zions Bancorporation N.A. now owns 6,690 shares of the semiconductor company’s stock valued at $5,574,000 after purchasing an additional 1,543 shares during the last quarter. Huntington National Bank raised its holdings in ASML by 17.4% during the third quarter. Huntington National Bank now owns 1,187 shares of the semiconductor company’s stock worth $989,000 after purchasing an additional 176 shares in the last quarter. Cable Hill Partners LLC lifted its position in shares of ASML by 3.7% during the 3rd quarter. Cable Hill Partners LLC now owns 1,015 shares of the semiconductor company’s stock worth $846,000 after buying an additional 36 shares during the last quarter. Finally, ICICI Prudential Asset Management Co Ltd boosted its holdings in shares of ASML by 23.1% in the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 1,230 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on ASML. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Sanford C. Bernstein decreased their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. Susquehanna cut their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $970.60.
ASML Trading Down 5.0 %
Shares of ASML stock opened at $658.63 on Friday. ASML Holding has a 1-year low of $654.77 and a 1-year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The business’s fifty day moving average price is $758.59 and its 200 day moving average price is $883.33. The firm has a market capitalization of $259.12 billion, a PE ratio of 34.48, a P/E/G ratio of 1.95 and a beta of 1.51.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, sell-side analysts forecast that ASML Holding will post 20.77 EPS for the current fiscal year.
ASML Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is currently 29.21%.
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.
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