Campbell Capital Management Inc. Increases Stake in ASML Holding (NASDAQ:ASML)

Campbell Capital Management Inc. grew its holdings in shares of ASML Holding (NASDAQ:ASMLFree Report) by 40.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 700 shares of the semiconductor company’s stock after acquiring an additional 200 shares during the quarter. Campbell Capital Management Inc.’s holdings in ASML were worth $583,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Resources Management Corp CT ADV bought a new stake in ASML in the 2nd quarter worth $26,000. Triad Wealth Partners LLC bought a new stake in ASML in the 2nd quarter worth $31,000. First Community Trust NA bought a new stake in ASML in the 2nd quarter worth $34,000. POM Investment Strategies LLC bought a new stake in ASML in the 2nd quarter worth $36,000. Finally, LRI Investments LLC bought a new stake in ASML in the 1st quarter worth $37,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 0.3 %

Shares of NASDAQ ASML opened at $674.73 on Friday. ASML Holding has a 1 year low of $627.09 and a 1 year high of $1,110.09. The stock has a market cap of $265.45 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 1.98 and a beta of 1.51. The firm has a 50-day moving average of $793.52 and a 200 day moving average of $897.07. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be issued a $1.407 dividend. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.83%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Analyst Ratings Changes

ASML has been the topic of a number of research reports. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Wells Fargo & Company cut their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. cut their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Finally, Susquehanna cut their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Three 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

Get Our Latest Analysis on ASML

ASML Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASMLFree Report).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.