ASML Holding N.V. $ASML Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 19.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 3,480 shares of the semiconductor company’s stock after purchasing an additional 573 shares during the period. Parallel Advisors LLC’s holdings in ASML were worth $4,597,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ASML. Boston Common Asset Management LLC purchased a new position in ASML in the first quarter valued at $4,355,000. Gradient Investments LLC grew its stake in ASML by 424.3% during the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after purchasing an additional 11,644 shares in the last quarter. Bingham Private Wealth LLC purchased a new stake in ASML during the 4th quarter worth about $1,444,000. Cambridge Investment Research Advisors Inc. increased its holdings in ASML by 3.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the period. Finally, Ervin Investment Management LLC raised its position in ASML by 1,236.4% in the 4th quarter. Ervin Investment Management LLC now owns 33,037 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 30,565 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Friday, July 10th. Bank of America raised their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Friday. Argus set a $2,100.00 price target on shares of ASML in a report on Thursday. Finally, Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,970.33.

View Our Latest Research Report on ASML

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,739.02 on Tuesday. The company’s fifty day moving average price is $1,735.46 and its 200 day moving average price is $1,508.17. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The firm has a market capitalization of $683.92 billion, a P/E ratio of 54.11, a P/E/G ratio of 0.96 and a beta of 1.78.

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The firm had revenue of $10.15 billion during the quarter. As a group, sell-side analysts predict that ASML Holding N.V. will post 40.32 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be issued a $2.1507 dividend. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, July 28th. ASML’s payout ratio is presently 33.51%.

ASML Company Profile

(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.

Featured Stories

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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