Ashton Thomas Securities LLC Invests $61,000 in ASML Holding (NASDAQ:ASML)

Ashton Thomas Securities LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 73 shares of the semiconductor company’s stock, valued at approximately $61,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Resources Management Corp CT ADV purchased a new position in shares of ASML in the 2nd quarter worth approximately $26,000. Triad Wealth Partners LLC purchased a new position in ASML in the second quarter worth $31,000. Fairway Wealth LLC acquired a new position in shares of ASML during the third quarter worth $25,000. First Community Trust NA purchased a new stake in shares of ASML during the 2nd quarter valued at $34,000. Finally, Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the 3rd quarter worth $28,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Sanford C. Bernstein decreased their price target on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. Susquehanna lowered their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Wells Fargo & Company cut their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $970.60.

ASML Trading Up 0.6 %

NASDAQ ASML opened at $673.41 on Thursday. ASML Holding has a 1 year low of $654.77 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The company has a market capitalization of $264.93 billion, a PE ratio of 35.26, a P/E/G ratio of 1.93 and a beta of 1.51. The company has a fifty day moving average of $763.40 and a 200 day moving average of $886.15.

ASML (NASDAQ:ASML) last issued its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. Research analysts forecast that ASML Holding will post 20.77 earnings per share for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.

About ASML

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.