Bogart Wealth LLC Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

Bogart Wealth LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 23.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110 shares of the semiconductor company’s stock after buying an additional 21 shares during the quarter. Bogart Wealth LLC’s holdings in ASML were worth $92,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Hilltop National Bank grew its position in shares of ASML by 1.0% in the 2nd quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after buying an additional 10 shares during the last quarter. Valley National Advisers Inc. increased its position in shares of ASML by 1.1% during the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after purchasing an additional 12 shares in the last quarter. Pure Financial Advisors LLC lifted its holdings in shares of ASML by 2.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after purchasing an additional 12 shares during the last quarter. First Pacific Financial boosted its position in shares of ASML by 1.1% in the 2nd quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after purchasing an additional 12 shares during the period. Finally, RMR Wealth Builders grew its stake in ASML by 0.6% during the 2nd quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock worth $2,162,000 after buying an additional 12 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 0.3 %

Shares of ASML stock opened at $710.81 on Friday. The business’s fifty day moving average price is $825.27 and its 200 day moving average price is $910.74. The firm has a market capitalization of $280.48 billion, a PE ratio of 36.30, a P/E/G ratio of 2.08 and a beta of 1.48. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. ASML Holding has a 1-year low of $581.57 and a 1-year high of $1,110.09.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s dividend payout ratio is currently 28.70%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ASML. JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Wells Fargo & Company lowered their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Susquehanna lowered their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Finally, Sanford C. Bernstein reduced their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $970.60.

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.