ASML Holding (NASDAQ:ASML) Shares Bought by KPP Advisory Services LLC

KPP Advisory Services LLC raised its position in ASML Holding (NASDAQ:ASML) by 12.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,060 shares of the semiconductor company’s stock after purchasing an additional 116 shares during the period. KPP Advisory Services LLC’s holdings in ASML were worth $883,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ASML. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of ASML by 0.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,840 shares of the semiconductor company’s stock valued at $6,638,000 after acquiring an additional 53 shares during the last quarter. Kingsview Wealth Management LLC raised its position in ASML by 7.0% in the first quarter. Kingsview Wealth Management LLC now owns 1,460 shares of the semiconductor company’s stock valued at $1,417,000 after purchasing an additional 95 shares during the period. Jupiter Asset Management Ltd. purchased a new position in ASML in the first quarter valued at about $6,655,000. TIAA Trust National Association increased its position in shares of ASML by 17.0% during the first quarter. TIAA Trust National Association now owns 1,186 shares of the semiconductor company’s stock worth $1,151,000 after acquiring an additional 172 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of ASML by 1,523.4% during the first quarter. Acadian Asset Management LLC now owns 45,358 shares of the semiconductor company’s stock worth $44,001,000 after acquiring an additional 42,564 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ASML. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. lowered their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Sanford C. Bernstein decreased their price target on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Down 5.0 %

Shares of NASDAQ:ASML traded down $34.33 during mid-day trading on Friday, reaching $658.63. The stock had a trading volume of 3,063,214 shares, compared to its average volume of 1,440,591. The firm has a 50 day simple moving average of $756.70 and a two-hundred day simple moving average of $881.59. The firm has a market cap of $259.12 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. ASML Holding has a twelve month low of $654.77 and a twelve 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.

ASML (NASDAQ:ASML) last released its earnings results 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 firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. On average, research analysts predict that ASML Holding will post 20.77 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed 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 was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.85%. ASML’s dividend payout ratio is 29.21%.

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.