522 Shares in ASML Holding (NASDAQ:ASML) Purchased by Susquehanna International Securities Ltd.

Susquehanna International Securities Ltd. purchased a new position in ASML Holding (NASDAQ:ASMLFree Report) during the second quarter, HoldingsChannel reports. The institutional investor purchased 522 shares of the semiconductor company’s stock, valued at approximately $534,000. ASML makes up about 0.1% of Susquehanna International Securities Ltd.’s holdings, making the stock its 29th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of ASML. Harvard Management Co. Inc. boosted its position in ASML by 239.8% during the 2nd quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after purchasing an additional 66,000 shares during the period. Salem Investment Counselors Inc. grew its stake in shares of ASML by 41.1% in the first quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock valued at $3,355,000 after buying an additional 1,007 shares in the last quarter. Point72 DIFC Ltd raised its holdings in shares of ASML by 122.1% during the 2nd quarter. Point72 DIFC Ltd now owns 6,415 shares of the semiconductor company’s stock valued at $6,560,000 after buying an additional 3,527 shares during the period. Cetera Investment Advisers grew its position in ASML by 169.4% in the first quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock valued at $22,661,000 after acquiring an additional 14,682 shares in the last quarter. Finally, Burford Brothers Inc. acquired a new stake in ASML during the 4th quarter valued at $761,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ASML. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. upped their price objective on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Wells Fargo & Company lifted their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Finally, Susquehanna upped their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Four equities research 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 MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

Read Our Latest Stock Analysis on ASML

ASML Trading Down 1.3 %

Shares of NASDAQ ASML opened at $841.54 on Friday. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,110.09. The company has a market cap of $331.08 billion, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 1.97 and a beta of 1.49. 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 stock’s 50 day simple moving average is $855.83 and its 200 day simple moving average is $933.98.

ASML (NASDAQ:ASMLGet Free Report) last posted its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period last year, the business posted $5.37 earnings per share. Equities research analysts expect that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were given a $1.8732 dividend. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.89%. ASML’s dividend payout ratio is 28.55%.

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

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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