Stratos Wealth Advisors LLC Purchases 397 Shares of ASML Holding (NASDAQ:ASML)

Stratos Wealth Advisors LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 144.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 671 shares of the semiconductor company’s stock after purchasing an additional 397 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in ASML were worth $559,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Jennison Associates LLC lifted its stake in shares of ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after buying an additional 572,996 shares in the last quarter. GQG Partners LLC lifted its position in ASML by 21.6% in the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after acquiring an additional 294,784 shares in the last quarter. Van ECK Associates Corp lifted its position in ASML by 15.4% in the 2nd quarter. Van ECK Associates Corp now owns 1,282,396 shares of the semiconductor company’s stock valued at $1,311,545,000 after acquiring an additional 170,992 shares in the last quarter. Janus Henderson Group PLC boosted its stake in ASML by 18.9% during the 1st quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock valued at $1,184,173,000 after purchasing an additional 194,357 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in ASML by 4,379.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ASML shares. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $970.60.

ASML Stock Down 1.3 %

ASML stock opened at $714.10 on Tuesday. The firm has a 50 day moving average price of $831.66 and a 200-day moving average price of $913.99. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a twelve month low of $573.86 and a twelve month high of $1,110.09. The company has a market capitalization of $281.78 billion, a P/E ratio of 36.47, a P/E/G ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, November 17th. Shareholders of record on Tuesday, October 29th will be issued a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a yield of 0.79%. The ex-dividend date is Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 28.50%.

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.