Trilogy Capital Inc. Buys New Position in ASML Holding (NASDAQ:ASML)

Trilogy Capital Inc. purchased a new position in shares of ASML Holding (NASDAQ:ASML) in the 3rd quarter, HoldingsChannel reports. The firm purchased 258 shares of the semiconductor company’s stock, valued at approximately $215,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Resources Management Corp CT ADV acquired a new position in shares of ASML in the 2nd quarter valued at about $26,000. WD Rutherford LLC acquired a new position in ASML in the first quarter valued at approximately $29,000. Triad Wealth Partners LLC bought a new position in shares of ASML during the 2nd quarter worth approximately $31,000. First Community Trust NA acquired a new stake in shares of ASML during the 2nd quarter worth approximately $34,000. Finally, POM Investment Strategies LLC bought a new stake in shares of ASML in the 2nd quarter valued at $36,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ASML. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Wells Fargo & Company dropped their price target on 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 ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein lowered their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Up 1.0 %

NASDAQ ASML opened at $720.91 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The business has a fifty day simple moving average of $828.69 and a 200 day simple moving average of $912.16. ASML Holding has a 12 month low of $573.86 and a 12 month high of $1,110.09. The firm has a market capitalization of $284.46 billion, a P/E ratio of 36.82, a PEG ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, November 17th. Shareholders of record on Tuesday, October 29th will be paid a $1.407 dividend. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.78%. ASML’s dividend payout ratio (DPR) is presently 28.70%.

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.