Wealthfront Advisers LLC Has $1.87 Million Stake in ASML Holding N.V. $ASML

Wealthfront Advisers LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 143.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,414 shares of the semiconductor company’s stock after acquiring an additional 833 shares during the quarter. Wealthfront Advisers LLC’s holdings in ASML were worth $1,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. RFG Bristol Wealth Advisors LLC bought a new stake in shares of ASML during the 1st quarter worth about $367,000. Beaumont Financial Advisors LLC raised its stake in shares of ASML by 6.7% in the 1st quarter. Beaumont Financial Advisors LLC now owns 657 shares of the semiconductor company’s stock valued at $867,000 after acquiring an additional 41 shares in the last quarter. Midwest Professional Planners LTD. lifted its holdings in ASML by 168.1% in the 1st quarter. Midwest Professional Planners LTD. now owns 1,319 shares of the semiconductor company’s stock worth $1,742,000 after purchasing an additional 827 shares during the last quarter. Three Seasons Wealth LLC acquired a new stake in ASML in the 1st quarter worth approximately $388,000. Finally, Nolet Wealth Management LLC boosted its position in ASML by 9.5% during the first quarter. Nolet Wealth Management LLC now owns 230 shares of the semiconductor company’s stock worth $303,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Trending Headlines about ASML

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ASML Price Performance

NASDAQ:ASML opened at $1,739.02 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The company has a fifty day moving average price of $1,735.46 and a 200 day moving average price of $1,508.17. The stock has a market cap of $683.92 billion, a P/E ratio of 54.11, a PEG ratio of 0.96 and a beta of 1.78.

ASML (NASDAQ:ASMLGet Free Report) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.15 billion for the quarter. Analysts anticipate that ASML Holding N.V. will post 40.32 earnings per share for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is 33.51%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a report on Saturday. Royal Bank Of Canada boosted their price objective on shares of ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Friday. Morningstar lowered shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,970.33.

Check Out Our Latest Analysis on ASML

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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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