Modera Wealth Management LLC Purchases 448 Shares of ASML Holding N.V. $ASML
Modera Wealth Management LLC increased its holdings in ASML Holding N.V. by 4.2% during Q2, acquiring an additional 448 shares, bringing its total to 11,211 shares valued at $8,985,000. Other institutional investors also increased their stakes. ASML's stock has a consensus rating of "Moderate Buy" with a price target of $1,076.33. The company reported Q3 earnings of $6.41 EPS, beating estimates, and announced a quarterly dividend of $1.857 per share, reflecting a 0.7% yield.
Modera Wealth Management LLC increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 4.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,211 shares of the semiconductor company's stock after acquiring an additional 448 shares during the period. Modera Wealth Management LLC's holdings in ASML were worth $8,985,000 at the end of the most recent quarter.
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Other institutional investors have also recently bought and sold shares of the company. Princeton Global Asset Management LLC increased its stake in shares of ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock valued at $26,000 after buying an additional 20 shares in the last quarter. Washington Trust Advisors Inc. grew its holdings in ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company's stock worth $31,000 after acquiring an additional 22 shares during the last quarter. Maseco LLP acquired a new stake in ASML in the 2nd quarter valued at about $32,000. Banque Cantonale Vaudoise acquired a new position in shares of ASML during the first quarter worth approximately $27,000. Finally, Costello Asset Management INC grew its stake in shares of ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 26.07% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on ASML. HSBC restated a "buy" rating on shares of ASML in a research report on Friday, October 17th. DZ Bank reaffirmed a "neutral" rating on shares of ASML in a research note on Wednesday, October 15th. Citigroup reiterated a "buy" rating on shares of ASML in a research report on Tuesday, October 7th. Barclays restated an "overweight" rating on shares of ASML in a research report on Tuesday, September 30th. Finally, Rothschild & Co Redburn upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Friday. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,076.33.
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Read Our Latest Stock Analysis on ASML
ASML Stock Down 1.2%
ASML stock opened at $1,016.96 on Friday. The firm has a market capitalization of $399.95 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 1.76 and a beta of 1.88. The company's 50 day simple moving average is $952.53 and its 200 day simple moving average is $815.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,086.11.
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ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.71 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.28 earnings per share. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a dividend of $1.857 per share. This is a boost from ASML's previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. The ex-dividend date was Wednesday, October 29th. ASML's dividend payout ratio is presently 25.76%.
ASML Profile
(Free Report)ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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