CloudAlpha Capital Management Limited Hong Kong Has $2.95 Million Holdings in ASML Holding (NASDAQ:ASML)

CloudAlpha Capital Management Limited Hong Kong grew its stake in shares of ASML Holding (NASDAQ:ASML) by 188.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,880 shares of the semiconductor company’s stock after buying an additional 1,880 shares during the period. ASML makes up 0.3% of CloudAlpha Capital Management Limited Hong Kong’s portfolio, making the stock its 16th biggest position. CloudAlpha Capital Management Limited Hong Kong’s holdings in ASML were worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Harvard Management Co. Inc. grew its stake in ASML by 239.8% in 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 period. Salem Investment Counselors Inc. raised its holdings in ASML by 41.1% during the 1st quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock worth $3,355,000 after buying an additional 1,007 shares during the period. Beacon Pointe Advisors LLC lifted its stake in ASML by 22.1% in the fourth quarter. Beacon Pointe Advisors LLC now owns 2,050 shares of the semiconductor company’s stock valued at $1,552,000 after buying an additional 371 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of 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 buying an additional 14,682 shares during the period. Finally, Burford Brothers Inc. bought a new stake in shares of ASML during the fourth quarter worth $761,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Up 0.3 %

ASML opened at $805.69 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 stock’s fifty day simple moving average is $887.62 and its 200 day simple moving average is $943.15. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,110.09. The stock has a market cap of $317.92 billion, a PE ratio of 41.15, a price-to-earnings-growth ratio of 1.96 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company’s revenue was down 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $5.37 earnings per share. As a group, research analysts expect that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were given a dividend of $1.8732 per share. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.93%. ASML’s dividend payout ratio (DPR) is presently 28.50%.

Analyst Ratings Changes

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

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.