ST Germain D J Co. Inc. Boosts Position in ASML Holding N.V. $ASML

ST Germain D J Co. Inc. raised its stake in ASML Holding N.V. (NASDAQ:ASML) by 3.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 31,851 shares of the semiconductor company’s stock after buying an additional 1,171 shares during the period. ASML makes up about 1.2% of ST Germain D J Co. Inc.’s investment portfolio, making the stock its 21st biggest position. ST Germain D J Co. Inc.’s holdings in ASML were worth $30,835,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ASML. Ervin Investment Management LLC raised its stake in shares of ASML by 10.4% during the third quarter. Ervin Investment Management LLC now owns 2,472 shares of the semiconductor company’s stock valued at $2,393,000 after acquiring an additional 232 shares in the last quarter. Salem Investment Counselors Inc. grew its stake in ASML by 1.4% in the third quarter. Salem Investment Counselors Inc. now owns 7,410 shares of the semiconductor company’s stock worth $7,174,000 after purchasing an additional 102 shares in the last quarter. Quintet Private Bank Europe S.A. increased its holdings in ASML by 4.9% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 320 shares of the semiconductor company’s stock worth $310,000 after purchasing an additional 15 shares during the period. Sonora Investment Management Group LLC bought a new stake in ASML during the 3rd quarter valued at $1,099,000. Finally, Werlinich Asset Management LLC lifted its holdings in shares of ASML by 4.3% in the 3rd quarter. Werlinich Asset Management LLC now owns 1,960 shares of the semiconductor company’s stock worth $1,897,000 after buying an additional 80 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

ASML stock opened at $1,076.05 on Wednesday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,141.72. The firm has a market cap of $423.19 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 1.69 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The firm has a 50-day simple moving average of $1,042.29 and a two-hundred day simple moving average of $882.49.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the company posted $5.28 earnings per share. ASML’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.80%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Susquehanna raised their target price on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research report on Friday, October 10th. New Street Research restated a “neutral” rating on shares of ASML in a report on Monday, October 6th. Arete Research raised shares of ASML to a “strong-buy” rating in a research report on Friday, September 12th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,171.83.

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.