Atom Investors LP Acquires 1,144 Shares of ASML Holding (NASDAQ:ASML)

Atom Investors LP boosted its holdings in ASML Holding (NASDAQ:ASML) by 36.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,257 shares of the semiconductor company’s stock after acquiring an additional 1,144 shares during the period. Atom Investors LP’s holdings in ASML were worth $3,547,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale grew its stake in ASML by 19.7% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 237 shares of the semiconductor company’s stock valued at $228,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. grew its position in shares of ASML by 108.2% in the second quarter. Mather Group LLC. now owns 404 shares of the semiconductor company’s stock valued at $392,000 after purchasing an additional 210 shares during the last quarter. Trust Co. of Vermont increased its stake in shares of ASML by 225.0% during the second quarter. Trust Co. of Vermont now owns 143 shares of the semiconductor company’s stock worth $146,000 after purchasing an additional 99 shares during the period. Park Avenue Securities LLC lifted its holdings in ASML by 0.6% during the 2nd quarter. Park Avenue Securities LLC now owns 10,802 shares of the semiconductor company’s stock worth $11,048,000 after purchasing an additional 65 shares during the last quarter. Finally, Apella Capital LLC boosted its stake in ASML by 8.5% in the 2nd quarter. Apella Capital LLC now owns 371 shares of the semiconductor company’s stock valued at $393,000 after purchasing an additional 29 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. Susquehanna dropped their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Wells Fargo & Company decreased their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $961.00.

ASML Stock Performance

Shares of ASML stock opened at $686.61 on Monday. The company’s 50 day moving average price is $732.20 and its two-hundred day moving average price is $864.88. The firm has a market capitalization of $270.13 billion, a P/E ratio of 35.95, a P/E/G ratio of 1.99 and a beta of 1.51. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, equities analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.82%. ASML’s dividend payout ratio is presently 29.21%.

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.