Hudson Value Partners LLC Takes Position in ASML Holding (NASDAQ:ASML)

Hudson Value Partners LLC bought a new position in ASML Holding (NASDAQ:ASML) during the third quarter, HoldingsChannel reports. The firm bought 467 shares of the semiconductor company’s stock, valued at approximately $389,000.

Other hedge funds have also bought and sold shares of the company. Resources Management Corp CT ADV bought a new position in shares of ASML in the second quarter valued at approximately $26,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the 3rd quarter valued at $28,000. Triad Wealth Partners LLC purchased a new stake in ASML in the 2nd quarter valued at $31,000. First Community Trust NA purchased a new position in ASML during the 2nd quarter worth $34,000. Finally, POM Investment Strategies LLC bought a new stake in shares of ASML in the 2nd quarter worth $36,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $677.21 on Friday. ASML Holding has a 12 month low of $633.85 and a 12 month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a market cap of $266.43 billion, a P/E ratio of 35.46, a P/E/G ratio of 1.94 and a beta of 1.51. The company has a 50 day moving average of $780.47 and a 200 day moving average of $892.54.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. As a group, sell-side analysts forecast that ASML Holding will post 20.76 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.83%. ASML’s dividend payout ratio is presently 29.21%.

Analyst Ratings Changes

Several equities analysts have commented on ASML shares. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Sanford C. Bernstein reduced their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. 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 research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $970.60.

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.