Sei Investments Co. Buys 11,907 Shares of ASML Holding (NASDAQ:ASML)

Sei Investments Co. boosted its position in shares of ASML Holding (NASDAQ:ASML) by 6.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 208,350 shares of the semiconductor company’s stock after buying an additional 11,907 shares during the quarter. Sei Investments Co. owned approximately 0.05% of ASML worth $213,088,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ASML. American Capital Advisory LLC acquired a new position in shares of ASML during the first quarter valued at $26,000. WD Rutherford LLC acquired a new position in ASML during the 1st quarter valued at about $29,000. Triad Wealth Partners LLC bought a new position in shares of ASML in the 2nd quarter valued at about $31,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of ASML during the 4th quarter worth approximately $34,000. Finally, First Community Trust NA bought a new stake in shares of ASML during the second quarter worth approximately $34,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of ASML opened at $795.28 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The firm has a market capitalization of $313.81 billion, a PE ratio of 40.62, a P/E/G ratio of 1.96 and a beta of 1.49. The stock has a 50 day simple moving average of $870.91 and a 200 day simple moving average of $939.86. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the prior year, the firm earned $5.37 earnings per share. The firm’s revenue was down 9.5% compared to the same quarter last year. Sell-side analysts predict that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.94%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s payout ratio is 28.50%.

Analyst Upgrades and Downgrades

A number of research firms have commented on ASML. JPMorgan Chase & Co. lifted their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday. Finally, Susquehanna increased their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,147.80.

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.