Walter Public Investments Inc. cut its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 29.8% during the 3rd quarter, Holdings Channel reports. The firm owned 7,945 shares of the semiconductor company’s stock after selling 3,366 shares during the quarter. ASML makes up approximately 3.5% of Walter Public Investments Inc.’s holdings, making the stock its 9th largest holding. Walter Public Investments Inc.’s holdings in ASML were worth $14,394,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. NBH Bank purchased a new stake in ASML in the 2nd quarter valued at about $26,000. Field & Main Bank bought a new position in shares of ASML during the 2nd quarter worth approximately $30,000. Gilpin Wealth Management LLC lifted 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. purchased a new position in shares of ASML in the 3rd quarter worth approximately $27,000. Finally, Vision Financial Markets LLC purchased a new position in shares of ASML in the 3rd quarter worth approximately $36,000. 26.07% of the stock is owned by institutional investors.
ASML Stock Performance
NASDAQ ASML opened at $1,534.42 on Thursday. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96. The company has a 50-day simple moving average of $1,667.22 and a 200 day simple moving average of $1,601.91. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49. The company has a market capitalization of $591.39 billion, a PE ratio of 37.77, a price-to-earnings-growth ratio of 0.63 and a beta of 1.80.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The business had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. On average, research analysts predict that ASML Holding N.V. will post 46.54 EPS for the current year.
ASML Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were paid a dividend of $2.1077 per share. This represents a $8.43 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, October 27th. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio (DPR) is 17.53%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Wells Fargo & Company upped their target price on ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $2,100.00 price target on shares of ASML in a research report on Wednesday, October 7th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Thursday, October 15th. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Barclays restated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $2,204.71.
Read Our Latest Analysis on ASML
ASML Company Profile
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.
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