Diversify Advisory Services LLC Acquires 2,131 Shares of ASML Holding (NASDAQ:ASML)

Diversify Advisory Services LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 257.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,959 shares of the semiconductor company’s stock after buying an additional 2,131 shares during the quarter. Diversify Advisory Services LLC’s holdings in ASML were worth $2,466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV boosted 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 valued at $910,102,000 after purchasing an additional 870,010 shares in the last quarter. Jennison Associates LLC boosted its position in shares of ASML by 50.0% during 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 buying an additional 572,996 shares during the last quarter. Fayez Sarofim & Co bought a new stake in ASML in the 1st quarter worth approximately $542,710,000. International Assets Investment Management LLC grew its stake in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares during the period. Finally, GQG Partners LLC boosted its stake in shares of ASML by 21.6% during the 1st 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 during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML opened at $715.14 on Wednesday. The company’s fifty day moving average price is $808.07 and its 200 day moving average price is $902.68. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. ASML Holding has a 12 month low of $582.48 and a 12 month high of $1,110.09. The firm has a market capitalization of $281.35 billion, a P/E ratio of 37.44, a P/E/G ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be issued a dividend of $1.407 per share. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.79%. ASML’s dividend payout ratio is currently 29.42%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Sanford C. Bernstein lowered their price target on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Wells Fargo & Company cut their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $970.60.

About ASML

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.