Western Wealth Management LLC Buys 320 Shares of ASML Holding N.V. $ASML

Western Wealth Management LLC grew its position in ASML Holding N.V. (NASDAQ:ASML) by 53.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 916 shares of the semiconductor company’s stock after purchasing an additional 320 shares during the period. Western Wealth Management LLC’s holdings in ASML were worth $1,209,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Family Capital Management Inc. grew its stake in ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after buying an additional 7 shares during the last quarter. 44 Wealth Management LLC raised its stake in shares of ASML by 1.1% in the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after acquiring an additional 7 shares during the last quarter. Evolution Wealth Management Inc. raised its stake in shares of ASML by 22.6% in the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock valued at $50,000 after acquiring an additional 7 shares during the last quarter. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of ASML by 0.3% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock worth $2,948,000 after acquiring an additional 7 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. grew its position in ASML by 2.2% during the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after acquiring an additional 8 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several research analyst reports. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. DZ Bank upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Stock Performance

Shares of ASML stock opened at $1,810.07 on Thursday. The firm has a fifty day moving average of $1,775.78 and a two-hundred day moving average of $1,561.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a market capitalization of $711.86 billion, a price-to-earnings ratio of 56.32, a PEG ratio of 0.89 and a beta of 1.79. ASML Holding N.V. has a 52 week low of $716.20 and a 52 week high of $1,999.96.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.64 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. As a group, equities research analysts predict that ASML Holding N.V. will post 44.85 EPS for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s payout ratio is presently 22.62%.

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.