World Equity Group Inc. Acquires 591 Shares of ASML Holding N.V. $ASML

World Equity Group Inc. lifted its holdings in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 218.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 862 shares of the semiconductor company’s stock after acquiring an additional 591 shares during the period. World Equity Group Inc.’s holdings in ASML were worth $835,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Fisher Asset Management LLC grew its stake in shares of ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after buying an additional 250,934 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of ASML by 114.3% in the 2nd quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock valued at $264,333,000 after acquiring an additional 175,939 shares during the last quarter. Rafferty Asset Management LLC grew its position in ASML by 32.4% in the second quarter. Rafferty Asset Management LLC now owns 413,280 shares of the semiconductor company’s stock worth $331,198,000 after acquiring an additional 101,041 shares in the last quarter. Marshall Wace LLP increased its stake in ASML by 1,638.6% during the second quarter. Marshall Wace LLP now owns 75,928 shares of the semiconductor company’s stock worth $60,848,000 after acquiring an additional 80,863 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in ASML by 14.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after purchasing an additional 72,164 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 6.7%

Shares of ASML opened at $1,273.88 on Friday. The firm has a market capitalization of $500.99 billion, a price-to-earnings ratio of 51.85, a PEG ratio of 1.77 and a beta of 1.86. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,282.00. The company has a 50-day moving average of $1,075.08 and a 200 day moving average of $924.52.

ASML (NASDAQ:ASMLGet Free Report) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping 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 business had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period last year, the company posted $5.28 earnings per share. The company’s quarterly revenue was up .7% compared to the same quarter last year. On average, research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a dividend of $1.857 per share. This represents a $7.43 annualized dividend and a yield of 0.6%. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is 25.80%.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 10th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. HSBC restated a “buy” rating on shares of ASML in a report on Friday, October 17th. Finally, Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,270.67.

View Our Latest Report on ASML

About ASML

(Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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