Kathmere Capital Management LLC Makes New Investment in ASML Holding (NASDAQ:ASML)

Kathmere Capital Management LLC acquired a new position in shares of ASML Holding (NASDAQ:ASML) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 244 shares of the semiconductor company’s stock, valued at approximately $237,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Townsquare Capital LLC increased its holdings in shares of ASML by 11.5% in the 3rd quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after acquiring an additional 881 shares during the period. Savoie Capital LLC acquired a new position in shares of ASML in the 3rd quarter valued at $14,658,000. International Assets Investment Management LLC increased its holdings in shares of ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after acquiring an additional 245,488 shares during the period. Griffin Asset Management Inc. increased its holdings in shares of ASML by 9.3% in the 4th quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock valued at $14,842,000 after acquiring an additional 1,661 shares during the period. Finally, Meitav Investment House Ltd. increased its holdings in shares of ASML by 219.0% in the 4th quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock valued at $2,195,000 after acquiring an additional 2,168 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,022.73 on Friday. The firm has a market capitalization of $403.56 billion, a P/E ratio of 52.23, a PEG ratio of 2.17 and a beta of 1.49. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22. The company’s fifty day moving average is $964.40 and its two-hundred day moving average is $906.53. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. Analysts forecast that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.53%. ASML’s dividend payout ratio is presently 32.53%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ASML. Sanford C. Bernstein cut their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Wells Fargo & Company boosted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, Evercore ISI began coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,043.00.

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.