488 Shares in ASML Holding (NASDAQ:ASML) Bought by LJI Wealth Management LLC

LJI Wealth Management LLC purchased a new stake in ASML Holding (NASDAQ:ASML) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 488 shares of the semiconductor company’s stock, valued at approximately $499,000.

Other large investors have also bought and sold shares of the company. Harvard Management Co. Inc. increased its position in shares of ASML by 239.8% during the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock valued at $95,645,000 after acquiring an additional 66,000 shares during the last quarter. Salem Investment Counselors Inc. increased its position in shares of ASML by 41.1% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock valued at $3,355,000 after purchasing an additional 1,007 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of ASML by 169.4% in the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after buying an additional 14,682 shares during the last quarter. Burford Brothers Inc. bought a new position in ASML during the fourth quarter valued at about $761,000. Finally, Montag A & Associates Inc. increased its holdings in ASML by 25,520.0% during the first quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock worth $1,243,000 after buying an additional 1,276 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on ASML. JPMorgan Chase & Co. boosted their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Susquehanna lifted their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Wells Fargo & Company boosted their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Trading Down 2.2 %

Shares of ASML opened at $787.84 on Thursday. 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 1-year low of $563.99 and a 1-year high of $1,110.09. The company has a market capitalization of $310.87 billion, a P/E ratio of 40.24, a P/E/G ratio of 1.96 and a beta of 1.49. The firm’s 50 day simple moving average is $881.39 and its 200 day simple moving average is $942.06.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s revenue was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.37 EPS. Sell-side analysts forecast that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a dividend yield of 0.95%. ASML’s dividend payout ratio is 28.50%.

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.