Compagnie Lombard Odier SCmA Buys Shares of 374 ASML Holding N.V. $ASML

Compagnie Lombard Odier SCmA purchased a new position in ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 374 shares of the semiconductor company’s stock, valued at approximately $362,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Manning & Napier Advisors LLC acquired a new stake in shares of ASML during the 3rd quarter valued at $25,000. City Holding Co. purchased a new stake in shares of ASML during the third quarter worth $26,000. Princeton Global Asset Management LLC boosted its position in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares during the last quarter. Binnacle Investments Inc grew its stake in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new position in ASML in the 2nd quarter worth about $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML stock opened at $1,413.62 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $1,227.82 and a 200-day simple moving average of $1,019.64. The stock has a market capitalization of $555.95 billion, a price-to-earnings ratio of 54.75, a PEG ratio of 1.65 and a beta of 1.89. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,493.47.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is presently 24.55%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Bank of America boosted their price target on ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Wells Fargo & Company lifted their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Wednesday, January 28th. Finally, HSBC reiterated a “buy” rating on shares of ASML in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Company Profile

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.