Valeo Financial Advisors LLC Buys 19 Shares of ASML Holding (NASDAQ:ASML)

Valeo Financial Advisors LLC grew its stake in shares of ASML Holding (NASDAQ:ASML) by 1.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,770 shares of the semiconductor company’s stock after buying an additional 19 shares during the period. Valeo Financial Advisors LLC’s holdings in ASML were worth $1,718,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WD Rutherford LLC bought a new position in shares of ASML during the 1st quarter valued at about $29,000. Beaird Harris Wealth Management LLC acquired a new stake in ASML in the 4th quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV raised its position in ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 15 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in ASML in the 4th quarter valued at approximately $44,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in ASML in the 4th quarter valued at approximately $49,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Evercore ISI assumed coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating on the stock. Sanford C. Bernstein lowered their price target on 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. Finally, Wells Fargo & Company boosted their price target on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,043.00.

ASML Stock Performance

ASML opened at $1,071.41 on Thursday. The business has a fifty day simple moving average of $970.56 and a 200 day simple moving average of $913.09. The company has a market capitalization of $422.77 billion, a PE ratio of 54.72, a price-to-earnings-growth ratio of 2.16 and a beta of 1.49. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.54. The business had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Research analysts expect that ASML Holding will post 20.12 EPS for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were paid a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.50%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

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.