Umpqua Bank Has $615,000 Stock Position in ASML Holding (NASDAQ:ASML)

Umpqua Bank lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 105.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 601 shares of the semiconductor company’s stock after purchasing an additional 308 shares during the period. Umpqua Bank’s holdings in ASML were worth $615,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. American Capital Advisory LLC acquired a new position in ASML during the 1st quarter worth about $26,000. WD Rutherford LLC bought a new position in shares of ASML during the first quarter worth about $29,000. Triad Wealth Partners LLC acquired a new position in shares of ASML in the second quarter worth approximately $31,000. Beaird Harris Wealth Management LLC bought a new stake in ASML in the fourth quarter valued at approximately $34,000. Finally, First Community Trust NA acquired a new stake in ASML during the 2nd quarter valued at approximately $34,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ASML shares. Wells Fargo & Company upped their price objective 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 upped their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. JPMorgan Chase & Co. lifted their price objective on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday. Finally, Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Three analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,147.80.

ASML Stock Down 5.4 %

Shares of NASDAQ:ASML opened at $752.79 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,110.09. The business’s 50 day simple moving average is $925.80 and its two-hundred day simple moving average is $950.80. The firm has a market cap of $297.04 billion, a P/E ratio of 38.45, a PEG ratio of 1.91 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its earnings results 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. The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. ASML’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period last year, the business earned $5.37 EPS. As a group, research analysts forecast that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The firm 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. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a dividend yield of 1.00%. ASML’s payout ratio is presently 28.50%.

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.