Dynamic Advisor Solutions LLC Purchases 148 Shares of ASML Holding (NASDAQ:ASML)

Dynamic Advisor Solutions LLC grew its position in ASML Holding (NASDAQ:ASML) by 10.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,596 shares of the semiconductor company’s stock after acquiring an additional 148 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in ASML were worth $1,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. American Capital Advisory LLC bought a new stake in ASML in the 1st quarter worth approximately $26,000. Resources Management Corp CT ADV bought a new stake in ASML in the 2nd quarter worth approximately $26,000. WD Rutherford LLC bought a new stake in ASML in the 1st quarter worth approximately $29,000. Triad Wealth Partners LLC bought a new stake in ASML in the 2nd quarter worth approximately $31,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in ASML in the 4th quarter worth approximately $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $833.97 on Friday. The stock’s fifty day moving average is $845.34 and its two-hundred day moving average is $926.19. The company has a market capitalization of $329.08 billion, a PE ratio of 42.59, a price-to-earnings-growth ratio of 1.97 and a beta of 1.48. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a 52 week low of $573.86 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the prior year, the company posted $5.37 EPS. ASML’s quarterly revenue was down 9.5% on a year-over-year basis. As a group, analysts expect that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared 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. The ex-dividend date was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.90%. ASML’s dividend payout ratio is presently 28.50%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ASML shares. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Susquehanna increased their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,111.80.

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.