Stratos Wealth Advisors LLC Buys 91 Shares of ASML Holding N.V. $ASML
by Doug Wharley · The Cerbat GemStratos Wealth Advisors LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 18.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 575 shares of the semiconductor company’s stock after buying an additional 91 shares during the period. Stratos Wealth Advisors LLC’s holdings in ASML were worth $461,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Acadian Asset Management LLC raised its position in ASML by 97.6% during the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after purchasing an additional 76,023 shares in the last quarter. Strategic Planning Group LLC increased its position in shares of ASML by 12.5% during the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock valued at $5,251,000 after purchasing an additional 730 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of ASML by 5.0% during the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock valued at $7,241,000 after buying an additional 519 shares in the last quarter. Gunderson Capital Management Inc. purchased a new position in shares of ASML during the 2nd quarter valued at about $1,702,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in ASML by 3.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,777 shares of the semiconductor company’s stock worth $28,425,000 after buying an additional 1,359 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Trading Up 0.9%
NASDAQ:ASML opened at $1,029.27 on Monday. The firm has a market capitalization of $404.79 billion, a P/E ratio of 41.89, a P/E/G ratio of 1.70 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average of $864.28 and a 200 day moving average of $775.08. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,059.00.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The firm had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.28 earnings per share. On average, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be issued a $1.857 dividend. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is 25.56%.
Analyst Ratings Changes
ASML has been the topic of a number of recent research reports. Susquehanna increased their price target on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research report on Friday, October 10th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Wells Fargo & Company boosted their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,051.60.
View Our Latest Research Report on ASML
ASML Company Profile
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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