Apella Capital LLC Has $393,000 Stake in ASML Holding (NASDAQ:ASML)

Apella Capital LLC grew its position in ASML Holding (NASDAQ:ASML) by 8.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 371 shares of the semiconductor company’s stock after purchasing an additional 29 shares during the quarter. Apella Capital LLC’s holdings in ASML were worth $393,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. First PREMIER Bank raised its position in shares of ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after buying an additional 11 shares in the last quarter. Investment Partners LTD. grew its holdings in shares of ASML by 1.2% during the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after purchasing an additional 11 shares during the last quarter. Toth Financial Advisory Corp grew its holdings in ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after acquiring an additional 13 shares during the last quarter. Slow Capital Inc. grew its holdings in ASML by 0.3% during the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after acquiring an additional 13 shares during the last quarter. Finally, Miracle Mile Advisors LLC grew its holdings in ASML by 4.7% during the 1st quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock worth $279,000 after acquiring an additional 13 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ASML. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Sanford C. Bernstein dropped their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Wells Fargo & Company boosted their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. JPMorgan Chase & Co. boosted their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Finally, Susquehanna upped their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Stock Performance

ASML traded down $6.66 during trading on Wednesday, hitting $836.35. 1,509,010 shares of the company traded hands, compared to its average volume of 1,237,485. The firm has a market cap of $330.01 billion, a P/E ratio of 43.18, a price-to-earnings-growth ratio of 1.87 and a beta of 1.49. The stock’s fifty day moving average is $991.87 and its 200 day moving average is $953.14. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.37 earnings per share. As a group, equities analysts predict that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th will be issued a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.90%. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date is Monday, July 29th. ASML’s dividend payout ratio is presently 28.50%.

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.