Advisory Resource Group Reduces Position in ASML Holding (NASDAQ:ASML)

Advisory Resource Group reduced its position in ASML Holding (NASDAQ:ASML) by 4.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 847 shares of the semiconductor company’s stock after selling 43 shares during the quarter. Advisory Resource Group’s holdings in ASML were worth $614,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASML. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of ASML in the 1st quarter valued at approximately $25,000. Cranbrook Wealth Management LLC purchased a new position in ASML during the 1st quarter worth $27,000. GPS Wealth Strategies Group LLC acquired a new stake in shares of ASML in the 1st quarter worth $27,000. Avalon Trust Co acquired a new position in shares of ASML during the first quarter worth about $27,000. Finally, HBC Financial Services PLLC purchased a new position in ASML during the first quarter worth about $31,000. 18.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on ASML. Wells Fargo & Company boosted their target price on ASML from $775.00 to $800.00 and gave the stock an “overweight” rating in a research report on Thursday, July 20th. Societe Generale lowered ASML from a “buy” rating to a “hold” rating in a report on Friday, July 21st. Wolfe Research started coverage on ASML in a report on Thursday, September 14th. They issued an “outperform” rating for the company. New Street Research cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Friday, June 16th. Finally, StockNews.com cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Eight research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $730.18.

ASML Stock Up 0.2 %

ASML stock opened at $597.73 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.34 and a quick ratio of 0.88. The company’s 50 day simple moving average is $676.11 and its 200-day simple moving average is $673.28. ASML Holding has a 12 month low of $363.15 and a 12 month high of $771.98. The firm has a market capitalization of $235.86 billion, a PE ratio of 30.34, a P/E/G ratio of 1.00 and a beta of 1.45.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, July 19th. The semiconductor company reported $5.37 EPS for the quarter, beating analysts’ consensus estimates of $4.98 by $0.39. ASML had a return on equity of 79.17% and a net margin of 28.67%. The firm had revenue of $7.51 billion for the quarter. Equities analysts expect that ASML Holding will post 21.63 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 10th. Investors of record on Wednesday, August 2nd were paid a $1.6281 dividend. This is an increase from ASML’s previous quarterly dividend of $1.27. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $6.51 annualized dividend and a yield of 1.09%. ASML’s payout ratio is presently 13.76%.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.