ASML Holding (NASDAQ:ASML) Shares Acquired by Boston Family Office LLC

Boston Family Office LLC grew its stake in shares of ASML Holding (NASDAQ:ASML) by 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,400 shares of the semiconductor company’s stock after acquiring an additional 240 shares during the quarter. Boston Family Office LLC’s holdings in ASML were worth $2,833,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Harvest Fund Management Co. Ltd raised its stake in ASML by 28.2% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 21,013 shares of the semiconductor company’s stock worth $17,502,000 after acquiring an additional 4,618 shares during the last quarter. Bank of Hawaii acquired a new stake in shares of ASML during the third quarter worth about $202,000. Fisher Asset Management LLC boosted its position in ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after buying an additional 31,879 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in ASML by 14.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 6,553 shares of the semiconductor company’s stock worth $5,460,000 after buying an additional 849 shares during the period. Finally, Westfield Capital Management Co. LP raised its position in ASML by 126.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company’s stock worth $123,635,000 after buying an additional 82,836 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein decreased their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Susquehanna cut their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Wells Fargo & Company lowered their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Up 0.1 %

Shares of ASML stock opened at $672.88 on Monday. The firm’s 50-day moving average price is $744.92 and its 200 day moving average price is $873.54. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $264.72 billion, a PE ratio of 35.23, a P/E/G ratio of 1.95 and a beta of 1.51.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, sell-side analysts predict that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.84%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

ASML 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.