CenterBook Partners LP lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 79.6% in the 3rd quarter, Holdings Channel reports. The fund owned 7,597 shares of the semiconductor company’s stock after buying an additional 3,366 shares during the period. ASML comprises 0.6% of CenterBook Partners LP’s investment portfolio, making the stock its 29th biggest holding. CenterBook Partners LP’s holdings in ASML were worth $13,763,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBH Bank acquired a new position in shares of ASML during the second quarter worth approximately $26,000. Field & Main Bank acquired a new stake in ASML in the second quarter worth about $30,000. Gilpin Wealth Management LLC raised its position in shares of ASML by 275.0% during the 3rd quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock worth $27,000 after buying an additional 11 shares in the last quarter. Quest 10 Wealth Builders Inc. bought a new position in shares of ASML in the third quarter valued at approximately $27,000. Finally, Vision Financial Markets LLC bought a new stake in ASML during the third quarter worth approximately $36,000. Institutional investors own 26.07% of the company’s stock.
ASML Stock Up 5.0%
Shares of ASML stock traded up $68.10 during trading on Friday, hitting $1,424.75. 1,902,471 shares of the company were exchanged, compared to its average volume of 1,583,467. The business’s 50-day simple moving average is $1,677.25 and its 200 day simple moving average is $1,599.85. ASML Holding N.V. has a twelve month low of $946.11 and a twelve month high of $1,999.96. The firm has a market capitalization of $549.13 billion, a price-to-earnings ratio of 35.08, a P/E/G ratio of 0.63 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The business had revenue of $13.27 billion during the quarter. As a group, analysts forecast that ASML Holding N.V. will post 46.54 EPS for the current fiscal year.
ASML Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were given a dividend of $2.1077 per share. This is a decrease from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is currently 17.55%.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a report on Monday, September 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a report on Friday, July 10th. Argus set a $2,100.00 price target on ASML in a research report on Thursday, July 16th. Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Monday, September 28th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,204.71.
Read Our Latest Stock Report on ASML
About ASML
ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.
The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.
Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.
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